Currently Far East For The Winter
I'm currently in the Far East so my blogging has been non existent. I'm still waiting for the following merger arbs to close: Puget Energy (Ticker: PSD), Foundry Networks (Ticker: FDRY) and SI International (Ticker: SINT). Puget Energy will be delayed till early next year, but that's not a big surprise. I'm still expecting Foundry Networks and SI International to close by the end of this year. I've also done a bit of writing covered calls on my long term positions.
I will need to do some tax loss selling soon. It's actually been a fairly successful year for me so the tax loss will be off setting a chunk of my gains. I'll still end up owing money to Uncle Sam, but definitely no complaints. The merger arb plays pretty much saved my butt this year.
2 Comments:
Any thoughts on ROH?
Dow Acquires Rohm and Haas Presentation.
http://library.corporate-ir.net/library/80/800/80099/items/299917/Dow-RH-final.pdf
I haven't been following this closely, but I believe it all depends on the timing of a divestiture. Looks like the divestiture needs to be completed before receiving the ok.
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