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Subject: Re: PPL Energy and Talen Energy | Date: 5/5/2021 3:16 PM | |
Author: Arindam | Number: 36986 of 37111 | |
Stas, Let me get some lunch, and then I'll review the junk I've bought in the past couple years and how it has fared. Meanwhile, here's an idea to explore. Go long the bond and short the common. If the CY is fat enough, it can cover the costs of the short leg and provide a gain. Meanwhile, you're market-neutral. A |
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