Linkedin Shares Sold – Lesson learned!
About five months ago I had bought Linkedin shares . This was right after Microsoft announced they would be buying Linkedin shares at $196 per share. One of my main drivers for buying these shares were because they were trading at below the price Microsoft had agreed to buy them at. They were trading between $191 and $192 at that time. I believed this to be an arbitrage opportunity. You can read about my thought process here . The definition…