Event-Driven Trade

"Corner of the FT" analysis included!

I have been buying this stock for the last couple of weeks, but I have been hesitant to write about it given it’s an event-driven situation with uncertainty and downside, which means 72.34% of those involved with lose money. But something happened yesterday, which improved the trade and, since this is all parody anyway, I might as well share my thinking.

What is a greater parody though is how this trade came about: