Monday, December 14, 2015 4:14:39 PM
A purchase now at today's close is good for a fairly certain gain of $2.11 should the acquisition by WNR work out and complete. Variables include WNR's shares remaining constant without significant erosion, NTI's stagnating for now, the market's not coming to its senses any time soon and correcting one way or the other...and probably a few things I'm not thinking about at the moment.
Still, a pretty nice trade for anyone so inclined. If units drop tomorrow in NTI with WNR holding its own, I might make such a move.
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