Sold Virgin America
It’s been challenging to say the least in the special situations / merger arb space. I decided to take off my position in Virgin America (Ticker: VA today generating a net gain of 2.54% (~45% annualized). I figure it’s time to de-risk and protect my gains for the year. I went in very aggressive in Virgin America as this made up ~ 60% of my portfolio. So any hiccups with this merger and I would essentially be vaporized. It’s time to take a step back and look for some better risk / reward opportunities.
posted by Money Turtle @ 4:35 PM
3 comments
3 Comments:
FB enter in the job with a search feature...
last minute to enter in LNKD...... deal is done :)))))
source?
I saw the blurb as well about FB entering the LNKD space. I wouldn't say it's a done deal yet, but it definitely bolsters Microsoft's case that there is a viable competitor to LNKD.
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