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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| LEND | Mortgage Finance | -4.89% | n/a | 13 | 11-Sep-07 | Prior Holding |
31-Aug-07
In for the ride - Sept 26
Holding Rationale for LEND.
This deal will happen, only question now is at what price... Since LS is now willing to offer $8.50, it's somewhere between that and $15.10. Guessing both parties will settle around $12 to prevent the case from going to the Delaware courts. Regardless, based on history, the Delaware courts will likely rule in favor of LEND, so the risk/reward for this trade is looking better and better.
Tagged Stocks: LEND
Posted at 20:05 in Holding Rationales | Permalink | Comments () | Top
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