What's up everyone. I've been super busy with my side hustle absolutely taking off. My list of cybersecurity clients keeps growing. But I'm here to talk about stocks.
I own Tegna and ironically just added a boatload of Tegna stock last Friday. Call it luck...but I noticed the stock was trending up. Here is the news I saw in my feed:
Byron Allen, a member of my Mansa Musa Network, is bidding on Tegna to grow his empire. The stock is not trading at $23 yet but inching that way. If you think it will get to $23, many will still buy the stock and that's call "Playing the Arbitrage". A fancy word (French I assume) we use on Wall Street to take a calculated bet on well-known information, like this article indicating Byron is increasing his bid for the company. He has some big hitters with him to hook up or slide in Tegna's DM. So let's hope this happens and we'll have a big payday!!
Peace and Love
