Dear Diary,
I bought shares of AHG for $19.44 per share on August 5, 2008 for sale by September 30, 2008 at $21, an 8.01% gain in 61 days, or a 47.87% annualized gain. This is my first arbitrage ever.
HANS has been meeting all the "Holy Grail" criterion, so I should see a 100% gain from its recent selling price near $20 per share to $40 within the next 8.14 months on average. It is currently selling at $23 and change after a 30% gain in earnings announced August 8th.
Gene
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2005, In Front of IRS Building, Washington, D.C.
Diary of a Business Investor
Gene Chapman
2005, In Front of IRS Building, Washington, D.C.
About Me
- Gene Chapman, Author
- P. O. Box 295545, Lewisville, Texas 75029
- MahatmaGandhiGlobalLibrary.blogspot.com or LibertarianGlobalLibrary.blogspot.com gkchapman2012@hotmail.com "Creating World Peace One Word at a Time" And for those who wish, you are invited to participate in funding all aspects of and in the building of a physical library building within walking distance of both the White House and the U. S. Capitol Building in Washington, D. C., as a voice of nonviolence and a safe harbor for Gandhian intellectuals in this epicenter of political violence on earth.