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DewDiligence

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DewDiligence

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Re: ilpapa post# 161503

Wednesday, 05/22/2013 1:29:17 PM

Wednesday, May 22, 2013 1:29:17 PM

Post# of 257257
PFE/ZTS—These kinds of optional swaps always have a discount to induce shareholders to tender, but the magnitude of the discount (7%) wasn't known until today.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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