Replies to post #551 on 3M Company (MMM)

[Enterprising Investor]

I tend to look at investments differently sometimes.

In this case, I was buying NEOG at a discount.

Although imperfect not knowing the final ratio, an odd-lot investor could have shorted six shares of NEOG.

I know someone who bought 99 shares of MMM on Monday for $126.25 and shorted 670 NEOG locking in $1,500 of profit.

Normally, I would have done “long, short and wait.” It’s what I should have done.