Monday, April 26, 2010

Sold Switch & Data Facilties

I closed out my risk arb play in Switch & Data Facilities (Ticker: SDXC) today at $19.65. My gain from this trade was 7.11% over a 15 day period (170% annualized return), which was more than my expectations. I wish I can say this was skill, but a little luck played a role... I'm just going to step back a bit and wait for some new arb plays to show up.


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