10-25-2010, 02:20 PM
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#13 (permalink)
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A True Z Fanatic
Join Date: Dec 2009
Location: NY
Age: 37
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Quote:
Originally Posted by dudafunk
My point was, these "secret" meetings. . . no way to know before hand?
The insiders who knew must be happy today.
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there are people that specialize in merger arbitrage, which is exactly what this is. then again, they pay analysts lots of money to research and get the information required to make moves and buy certain securities in order to benefit from a deal going through or going sour. but its never 100%. generally, anyone knowing that something is 100% in the market, and acting on it, will leave them in jail.
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