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Technology Stocks : Blank Check IPOs (SPACS)

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To: Glenn Petersen who wrote (805)1/17/2007 2:24:30 PM
From: RockyBalboa  Read Replies (1) of 3862
 
I still figure out how to arb the deal. If I short the stock at 9.90 and pick up warrants at a price of 9.20 there's a 70c negative premium.

Or is there a scenario where the warrants could end up worthless.

If I read it correctly the stockholders have yet to approve the transaction. Right?
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