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Trump has told advisers that "Cuba is next on his list" and talks are underway for a "friendly takeover" or operation to remove the regime. The Herzfeld Caribbean Basin Fund (Ticker: CUBA) is the specific instrument that tracks the thesis of opening up or regime change in Cuba. While an "operation" implies volatility, the market historically treats rumors of US-Cuba integration as a massive bullish catalyst for this specific closed-end fund. LONG (Speculative). This is a pure "event-driven" trade based on the specific rumor of regime change. Military failure or the rumor proving false; the fund often trades at a high premium to NAV during hype cycles.
CUBA Bloomberg Markets Mar 07, 13:56
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