12-17-2016, 01:47 AM
Well, the vote went through and Trina Closed at $9.62.
So now we are looking at.. over 20% profit on a deal that, once again, looks to be as close to certain as possible.
I'll repeat the question: is there something I'm missing? I get that this transaction has been advancing slowly, but even if it would take a whole year to close that would still be a 20% profit in a year with close to zero risk. Even if it would take two years to close that would still be an excellent risk/reward ratio. Now, I'm skeptical because this really sounds too good to be true...
I can use margin with a 2% interest rate... seriously considering grabbing a big pile of TSL with margin. Your thoughts?
So now we are looking at.. over 20% profit on a deal that, once again, looks to be as close to certain as possible.
I'll repeat the question: is there something I'm missing? I get that this transaction has been advancing slowly, but even if it would take a whole year to close that would still be a 20% profit in a year with close to zero risk. Even if it would take two years to close that would still be an excellent risk/reward ratio. Now, I'm skeptical because this really sounds too good to be true...
I can use margin with a 2% interest rate... seriously considering grabbing a big pile of TSL with margin. Your thoughts?