SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : All American Semiconductor (semi)
SEMI 31.17+1.4%Feb 9 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TT who wrote (764)6/26/1998 9:10:00 PM
From: Zeev Hed  Read Replies (1) of 952
 
TT that makes a lot of sense, finally the arbitrageurs found the arbitrage opportunity I discussed here on the merger announcement (short REPT (12.5) and buy SEMI (which I already owned at 2-1/8). Can already close it at a profit, but I think that the spread will narrow to about 5% soon, and if one is agile, one can use a dip during the day to cover the short and use end of the day strength (toward the 4th of July weekend) to sell the long leg and even increase the profits on this arbitrage.

Zeev
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext