i figured i would start this thread up after seeing that youtube video of the trader blow up. well here is my biggest loser.... i lost about 108k after my foray into merger arb with the HAR deal. the worst thing about that trade was i had bad dreams about me losing over 200k in that trade before it happened. it was pretty "funny" how all this went down too. it was about 7am CST and the guy I trade next to at my office calls me to wake me up. He says "Hey Robbie you awake?" Me.."nah I'm just getting up" Him..."Well...I'm calling you for a pretty GOOD reason" ...My little monkey brain is thinking the HAR deal is going thru... He continues "HAR is trading at 100 and there is talk that the deal won't happen" My reaction was similar to the trader in that youtube blow up lol. So then I rush into work and read the news stories. I evaluate pretty quickly that stuff doesn't look good for the deal and exit my position. I should have just gone short after I got out!! To finish the story I ended up making back my losses within about a month.