If I had followed my risky advice (here) on Dec 30, 2008, I would have made a killing on the ROH-DOW deal.  Well, the deal has been agreed too and I never bought any stock.  Here’s the sorry number crunch:

Deal per share: $78 cash
My entry price on Dec. 30, 2008 would have been: $56.76
Deal closes: 4/1/2009
ROI: 37.42%
Annualized: 148%

OUCH.  Typically, I am investing in $5000 lots, so if I had done it, I would have made $1,871 (less commissions) in just 3 months.

If I had never been bitten in the failed HUN deal, I prob would have bought into this one.  I got scared.  Well, that’s the whole point of this blog for me– to analyze what my thinking is at current points in time.  Hopefully, after a good period of time muddling through M&A deals, I can learn how I react to certain deal opportunities and begin to make money.  In the meantime, I will just continue plugging along!

As my Grandfather would say: “Coulda Shoulda Woulda… but you DIDN’T”