InsideArbitrage April 2024 Mid-Month Update – Back In Fear Territory
Investor sentiment is often as fickle as fad diets, turning on a whim. We observed that happen when our preferred sentiment indicator, the CNN Fear
Read MoreInvestor sentiment is often as fickle as fad diets, turning on a whim. We observed that happen when our preferred sentiment indicator, the CNN Fear
Read MoreColumbia Banking System Inc. (COLB): $18.46 Tangible Book Value Per Share: $16.12 (as of December 31, 2023) Market Cap: $4.02 B Last month I noticed a cluster
Read MoreEarlier this week our portfolio company Diamondback Energy (FANG), announced an oil megadeal by acquiring its fellow Permian Basin fracking company Endeavor Energy Resources LP
Read MoreCerevel Therapeutics (CERE): $42.64 We are publishing this mid-month update a few days early because the HSR waiting period for AbbVie’s acquisition of Cerevel Therapeutics (CERE)
Read MoreThe market is a forward looking mechanism that correctly anticipated that two subsequent pauses by the Fed will translate into the potential for rate cuts
Read MoreThis mid-month update is a couple of days late because I was in Dallas, Texas attending the IDEAS Conference where nearly 60 companies were presenting.
Read MoreI received multiple emails last week about the recently announced acquisition of fracking company Pioneer Natural Resources (PXD) by Exxon Mobil (XOM). We discussed the
Read MoreWe have been generating a lot of content in recent months and sometimes it can get overwhelming for our readers and at times overwhelming for
Read MoreSplit-offs and the McDonald’s – Chipotle Example In 2006 McDonald’s (MCD) decided to spin-off its Mexican fast casual chain Chipotle (CMG) in a series of
Read MoreArbitrageurs were delighted last week when a federal judge rejected the FTC’s request to block Microsoft’s massive $69 billion acquisition of Activision Blizzard (ATVI). By
Read MoreWe have discussed arbitrage situations that include a special kicker in the form of contingent value rights or CVRs several times in the past. The
Read MoreEvery eight to ten years, we seem to find ourselves in some sort of crisis. The crisis often follows a bubble and different investors react
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