Friday, January 02, 2009

Sold NDS Group PLC and Bought Puget Energy

I sold my arb play in NDS Group PLC (Ticker: NNDS) today generating a gain of 6.84% over a two week period. I have no concerns about this merger, but I saw more opportunities in Puget Energy (Ticker: PSD). I rolled the proceeds from the sale of NDS Group PLC into more Puget Energy. I was a bit quick in projecting that the Puget Energy deal would close in two weeks. More realistically, it will most likely close at the end of January. In any case, I’ll take a 10% return in one month.


At January 05, 2009, Blogger Trader Kirk said...

Link Swap
I got a referral to your site from Free Money and was wondering if you would be interesting in sharing links. My financial/trading blog is here - - and if you are interested, please let me know and I can add you to my blog roll? My site gets about 500 visitors per day.

Hope to hear from you soon! Thanks in advance for any help.



At January 06, 2009, Blogger Money Turtle said...

Done, I added your link to my site.


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