special situations investing

Sunday, February 25, 2007

Converium.. Update

you probably all saw it but forgot where you got this marvelous idea from. hehe.

well, looks like a takeover battle is heating up here and shareholders being rewarded so far to the tune of 50% for their patience.

that's an OK return for holding this paper 9/10 months..

we keep holdings since we always want more.

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