After going long on FGL at 4.20 I then shorted FGL at $4.51 and susequently closed my position at 4.40.
Just watching now.. have to keep in mind that on the 6th of Oct there are $600 mil worth of bonds being converted which will dilute EPS by 3% or so. Also the sale of hotel business will dilute further earnings potential ....
Cashed up, but what will they do with it?