Elon will pay out 54.2 to all shareholders, it is trading at ~51.7 right now, what is the downside here?
Upside is also super limited.
If the deal closes, you earn $2.50 a share. If the deal fails, you lose probably $10 a share.
What are the chances the deal fails? I thought all paperwork has been signed
Whatever those chances are, people probably smarter than you have crunched those numbers to leave a dollar or two of upside. Musk can always walk away and pay a break up fee. Regulators. Many reasons to fail.
No paperwork has been signed. They still need regulatory and shareholder approval
Risk it doesn't happen and having to wait a long time to earn just a couple of bucks.
Buy High Sell Low
Haha
You will lock up your capital for several months for 4.83% gain. There are far better investment opportunities than this at the moment.
Idk with the current market, anything over break even is good
That's up to you. I believe TSLA or AMD would give you much better returns in the same amount of time. AMZN is also a good, solid option with their stock split and 10b stock buyback coming up.
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Risk that deal falls through
Like the last time he said 420. The value could drop by a lot of the deal doesn't go through.