I am a huge fan of special situation investing.
Situations that involve unusual buying activity by insiders or corporate activists, merger arbitrage and bidding wars, and other unusual events can offer the opportunity for outsized profits no matter what the markets might do.
Sir John Templeton once remarked that it is impossible to beat the market if you do what everyone else does. If you are part of the thundering herd of Wall Street, the best you could hope to do is to match the market’s rate of return.
Today I want to share a special situation that I have run across recently that could give you significant gains regardless of what the stock market does in the weeks and months ahead.
This post originally appeared at Investors Alley.