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@InflectEngines
"For people playing $LEN odd lots exchange offer for $MRP and not hedging - note this sentence from S4: "if the shutdown does not end by the anticipated November X 2025 expiration date Lennar will either have to extend the expiration date or withdraw the Exchange Offer. If the shutdown is still in effect at the close of business on October XX 2025 Lennar will announce by 11:59 pm on October XX 2025 whether it will (1) extend the Exchange Offer and if so the extended expiration date or (2) terminate the Exchange Offer." Means that probably it makes sense to keep waiting before buying those 99"
X Link @InflectEngines 2025-10-29T15:58Z XXX followers, XXX engagements