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ZachBuffett

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ZachBuffett

Re: Drill Baby post# 251

Friday, 10/09/2015 11:49:58 AM

Friday, October 09, 2015 11:49:58 AM

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Usually these things take a while to finalize, so your money is tied up, and there's always the chance it falls through. OTCs usually trade 10% lower than the declared buyout, I'd say. A good arbitrage though, imo, when it's a great company that deserves a lot higher PPS.

I bought some today at .80 and .84

I'm still bitter though, here.
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