In today’s briefing:
- Quick Idea’s
Quick Idea’s
- 111, inc (YI) has run up to $3.25. For a spread of only about 11%.
- Which is not all that attractive since there is no definitive agreement signed. So I am closing it with a quick 13% gain here.
- These Chinese merger situations sometimes randomly spike up, and I think it is wise to trade around them when upside isn’t as juicy anymore.
💡 Before it’s here, it’s on Smartkarma
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