TSY bought out

TSY (Trustreet Properties) agreed to be bought out by General Electric Capital. The shares shot up 35% and the preferred convertible shares I had recommended a couple weeks back went up nearly 20%. I sold the 500 shares that I had bought for $20 a couple months back for above $25 yesterday. Obviously, I got lucky that Trustreet Properties got taken over. But even if it had not been taken over, it would’ve paid me a fat 9% dividend over the next couple of years with little chance of any downside.