Monday, October 25, 2010

Sold CommScope

I decided to take my profits in CommScope, Inc. (Ticker: CTV) today at $30.27 generating a 0.90% return in one day. In the risk arb game, this is a decent return. It’s all about hitting singles and doubles in this game. I rarely ever swing for the fences unless the odds are heavily in my favor. Now, I want to focus back on the Genzyme (Ticker: GENZ) / Sanofi-Aventis (Ticker: SNY) take over play.


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