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The CMCSK/CMCSA continues to narrow, closing about a dollar today on the
news that the buyout of Media will be with CMCSK shares.
The two types of shares are essentially the same but traded as wide a 4.25
and as low as .50. The spread is now about 2.00.
If anyone pursues this type of strategy (similar to one we used on the CBOT)
please let me know as I have a lot to explore in trying to apply to stocks.
Thanks,
Michael
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