Cogitator has it right - a long position has nothing to do with arbitrage, and if one had shorted both TRFX and NWMO when the deal was announced, they'd really have made some solid $$$. I do agree with the long position on NWMO (or whatever their new ticker will be with the name change to Atrinsic) - it will take a couple years of patience but having worked with TRFX technology, I think they'll take off once the dust settles and they can get back to growing organically.
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Latest | Highest ratedTraffix Merger Presents Arbitrage Opportunity [View article]