giff - you're putting up $10,614! .. that's a whole lot of change for a lot of us here. that being said .. if you have the money, it's clearly an above average return.
some of the people i know are only betting 1 share on MKAQ.. or a whopping $1.35 before commission. (i bought 48 to play it safe)
if i had $10K.. i probably wouldnt be as active in squeezing out some of these backdoor plays. =)
My only thing is that if you buy it now, then you'd actually hold it for over 4 months. The two months that I mentioned is from the Arb date listed in the Ibox (the date of the shareholders meeting). It has typically taken 2 months from that point to get paid.