The volumes on teth are just to low for there to be any arb...

The volumes on teth are just to low for there to be any arb going on 140k shares traded yesterday in Teth = 23k volume of adt , that is only tiny retail noise , I looked at selling some of my adt to buy teth but the discount is not big enough to justify it at 15-20% as if the deal falls through for any reason you are stuck with a stock with no liquidity that will fall back 50% , Liquidity in ADT is much better and I think the fact that it is well funded, doing smart deals and still only 20% of the npv of a 100% IRR project means ADT should trade a lot higher ...