This is the easiest $8000 I'll make this year!
But you won't make 8000.Assuming you use a discount broker, you'll pay 9.99 to buy it. You'll pay 2000 USD short term capital gains. (or more, depending on your tax bracket.)So you'll make 5991.01 on the deal. Or maybe only 5369.99 :)
When do you think the deal will close?
This should be little more than a glorified Bond, but it keeps trading down. Closing will happen the week following the long-anticipated Chinese approval.