Mar. 18 at 8:12 PM
$DOMO merger arb funds don’t show up at the announcement, they show up when there’s enough signal a deal is real. slow accumulation, heavy volume, price not ripping = arb funds building while retail pukes. they’re betting on a spread, not hype. if they were confident in a deal price today, you’d see support form instead of straight fades. right now feels like early positioning, not conviction yet.