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.
Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: longdong_63 who wrote (8110)2/19/2002 4:52:36 PM
From: Louis V. Lambrecht  Respond to of 36161
 
NEM - don't forget the arbs play on mergers:
short the acquirer/buy the acquiree.
Positions have to be unwound when the aquiree's shares become acquirer's shares.
IMHO, NEM shorts are beeing bot to cover with the proceeds of FN sales, also on high volume today.