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Enzon Pharmaceuticals Inc. Message Board

opportunistx 1 post  |  Last Activity: Aug 14, 2013 1:09 AM Member since: Oct 15, 2010
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  • opportunistx by opportunistx Aug 14, 2013 1:09 AM Flag

    You could put a spread trade on by going short bbx and long bfcf. I think for every 100 shares of bbx you can go long 600 or so shares of bfcf. The trend on the spread has been going down for months meaning the spread is narrowing. I would imagine the spread would continue to get more and more narrow and we get closer to a deal. A great way to profit from time until the merger is complete. Just an idea

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