Sold Airgas, Inc

This morning I sold my position in Airgas, Inc (Ticker: ARG), Inc at $65.74, which translates to an 8.87% return over a 1 month period (Airgas, Inc was purchased on 2/5/10 at $60.38). Although this was a relatively small position, it’s still a nice gain. You can’t get too greedy with the risk arb plays since there is a limit to the upside.