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Who do you trade through?

Can someone explain to me why everyone thinks AWE opens above $11.25?

Primarily, trading size at the opening in big arb deals. For instance I bought 25000 ONE Friday and sold short 34000 JPM. I unwould it for maybe 10-15 cts profit. It wasn't clear it was a "do" at the opening, but I had some little hints I won't share that gave me some confidence to do...

"Reduce your size to a piitance or go to Vegas" Dude, I LIVE in Vegas already. There isn't any rumor. There's an offer on the table from Cingular. As far as size, I guess it depends on your capital and your strategy. A $50,000 hit would be an annnoyance, but only a small chip into...

Qdz, Are you saying that even in the absence of new deal (not the Roosevelt one) news, you think it will open over 12.50? The Cingular offer and the "auction process" were already factored into the stock. I pray you are wrong (and I'm an atheist). Hmmmm. At $15, I'd be out $47,600...

SethARb, my friend, you are wise . However, I'm not fixated, I just had nothing better to do after getting drunk at the Las Vegas Gladiators Season Ticket Holders party. I would say I'm concerned. I will be disappointed if covering after hours turns out to have been the correct strategy...

You can get BIG leverage with 5K if you are using the firm's capital wisely. For instance, say you are arbitraging Lennar against Lennar B , or maybe two preferred stocks of the same company. This takes capital but has very low risk. I would have no problem letting you go 100:1 on something...

At least you weren't referring to Big Bloated Butt. Is there any irony in the fact that AWE is my carrier and I may lose a lot of money on the stock? Do you think they will let me deduct it from my wireless bill? Any loss under $10k on the position will not be a disaster. I can...

Is a .0001 or other fraction considered a legal uptick or does it have to be at least a penny?

I can't get off the subject (the Xanax hasn't hit yet, so I'll post a poll)

what's that?

"...You complain about 8,000 loss in a few hours" Qdz, don't you know that complaining and worrying are the lifeblood of the Jewish religion? Joke: How many Jewish mothers does it take to screw in a lightbulb? Answer: None. They'd all rather sit in the dark and suffer! I will...

Ah....... Stock 777, you make me laugh. Already Hosed.... now THAT's funny!

I don't like to lose. Now I may lose more. I'll take some anxiety medication and at least I won't have to worry about it till Monday cause there's nothing I can do now. By the way, what is AH?

AT&T Wireless STARTED a formal auction process on Thursday. Cingular's NON-BINDING bid was already in the stock. It seems extremely unlikely a much higher bid would emerge 1 day into the auction process. This is my reason for saying I don't think it will open above $11.50. I am using...

I have a Wells Fargo Business Line that doesnt have a cash advance fee but there's a $150 yearly fee to keep it open. I use it once every few tears when I'm ina cash crunch, but only for a few days

Thanks trader.net. I thought it happened before Cramer. If that's all it was, it probably will open down, not up. But, I can't believe there's not something else going on to drive the price up that much on hundreds of thousands of shares. Being a fatalist, I'm sure it will open at $30

Let's see, I started with $25,000 5 1/2 yeras ago and here are the results:(not to brag.....well, kinda bragging) 1998 (5 months) $20,000 1999 $414,000 2000 $1,657,000 2001 $1,016,000 2002 $525,000 2003 $ 165,000 Looks like I'm on the downside of the curve! The point is that i...

It's reported by Dow Jones and compiled into a box on my software. Thus, all of the imbalances are shown in one place.

I think it's easier to make money once they are annouced. This is true because there's no guarantee the merger will be at a premium, and even if it is, the acquirer's stock may drop so much, the premium disappears.