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Hey guys great work on PSD, your insight is a big help for a small investor such as myself. Any chance you could post the link to the new deal.com article posted 1/13/09, or summarize it for us? I think it may have been what caused the stock to drop on big volume today.

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I really would be scared in these turbulant market times. Even deals like this which seem sound if you look through the details might turn south if something else goes belly-up.

Grant Morrisey

Interesting article. Here's a perspective from Fisher Investments MarketMinder (https:// www.marketminder.com/a/fisher-investments-capitalism-media-hype-myths/55d6bd56-e222-4c88-a908-1b9b652a1658.aspx)

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Just wanted to say a big huge CONGRATS on the book! I look forward to reading it, and I love your blog and your column. Can't wait for the new blog

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I like this part of this blog The financing for the deal has been in place since midsummer. But arbs worry that in the current environment, Macquarie or any of the Canadian pension funds investing equity in the deal might get cold feet.

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f anyone has insight on why the spread is still rather large, would be interested to hear it.

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  • The Stalwart is a blog written by Joseph Weisenthal, covering such topics as stocks, business, economics, politics, technology, gambling, chess, poker, economics, current events, music, math, Chinese food, science, randomness, kurtosis, sports, evolutionary fitness, and anything else of the author's choosing. The words contained herein are the author's own, not affiliated with any other firm or employer.