Friday, May 7, 2010

Trade 276,277: ubet merger arb

Trade 276 + 277

long ubet 600@2.94 and long ubet1044@2.87

some of the calculations I did for the ubet merger arb for the average price @ 2.90

http://chicagopressrelease.com/news/churchill-downsyoubet-com-merger-gives-50-market-share-in-online-wagering-2-new-casino-openings-show-upside