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Title: ummm, what? Post by: Aske on March 03, 2008, 08:23:57 AM http://finance.google.com/finance?q=NYSE:DBD&source=finance
Title: Re: ummm, what? Post by: gleek on March 03, 2008, 08:29:46 AM Takeover announcement apparently. UTX is probably preparing for the post-Bush era by expanding further into non-defense-related sectors.
Title: Re: ummm, what? Post by: Aske on March 03, 2008, 08:34:35 AM Takeover announcement apparently. UTX is probably preparing for the post-Bush era by expanding further into non-defense-related sectors. oops, missed that part. wow, still though, buying in at 39.xx to sell off at 40 ? must be nice to have enough cash to play those games. Title: Re: ummm, what? Post by: gleek on March 03, 2008, 08:46:00 AM Takeover announcement apparently. UTX is probably preparing for the post-Bush era by expanding further into non-defense-related sectors. oops, missed that part. wow, still though, buying in at 39.xx to sell off at 40 ? must be nice to have enough cash to play those games. Some hedge funds will simultaneously buy the stock of the company being acquired AND sell short the stock of the acquirer to lock-in the profit on the price difference. Title: Re: ummm, what? Post by: Aske on March 03, 2008, 08:51:01 AM Some hedge funds will simultaneously buy the stock of the company being acquired AND sell short the stock of the acquirer to lock-in the profit on the price difference. yeh. :sad3: >:( >:( >:( |