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Strategies & Market Trends : Value Investing
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JohnyP
To: JohnyP who wrote (74321)11/18/2023 9:03:32 AM
From: Spekulatius1 Recommendation   of 78715
 
Re SAVE merger arb - I have some SAVE March 2024 calls just for beer money. ~10:1 risk reward (when I bought them), if merger goes through as envision. I do think some sort of re-negotiation is in the card, JBLU can’t really afford to lay out that much cash for SAVE without immediately going into distress, imo.
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