Thursday, November 17, 2011

LMIR: Sell the rights?

For those who bought some LMIR rights in the fire sale recently, a question could have formed as to whether they should sell the rights and lock in some hefty gains which could be as much as 100%. That it took just two days means it is basically free money since it is within the contra period.


Indeed, from a trading perspective, why not? Traders would say that taking profit is never wrong. If