Florian - let's say for arguments sake you are right and there is 50% upside potential short term, or 50% downside potential short term. I do not believe this to be the case but for arguments sake let's look at this scenario.
The MASSIVE point here is how likely is it that the deal will succeed. Now I personally rate it a 90%+ chance of going ahead.
So in the above scenario I have a 9 in 10 chance of getting 50% on the heads and say 100% on the options, and a 1 in 10 chance of losing 50% on the heads and probably 75% on the options.
Hence the reason I am happily staying in this stock. AND moreover, hence the reason CFE is actually rising against a backdrop of a crappy market where most stocks are getting slaughtered.
But good luck with whatever you buy with the funds - you may find that rare winner out there at present.
CFE holders will not need luck, just time for the deal to be approved and gains to eventuate.
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