Tuesday, January 27, 2009

It's The Final Count Down...

It’s the final count down to closing for both Puget Energy Holding (Ticker: PSD) and NDS Group PLC (Ticker: NNDS). Both companies are being acquired for cash (Puget Energy Holding for $30 and NDS Group PLC for $63) and they are expected to close by the end of next week. It looks like this will really be the end of my arb plays unless something compelling pops up. There’s really nothing left out there except for Genentech (Ticker: DNA) and Wyeth (Ticker: WYE). I’ll skip the Wyeth play since there’s not much reward there, but Genentech might be playable if Roche gets its act together. Anyways, I started learning and investing in arb plays for a little over a year and it’s been a very rewarding experience. Now it’s time to start looking into new ways to make money in this crazy and inefficient market.


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