Tuesday, February 12, 2008

Singles and Doubles

The market can behave like a virus, always mutating and adapting to a new environment. As an investor / trader, you have to do they same and adapt to the changes in the market. I’m still pretty aggressive with a low cash position, but I’ve been deploying the cash on conservative merger arb plays. I’m still nibbling on Navteq with an aim of a ~ 5% total return in 1 month. It’s not a flashy return. I’m happy with singles and doubles right now.

Trade update: Yesterday, I picked up some more Navteq at $74.66


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