RE:Next steps..If you sell now you may get $1.61 in mkt...if you wait till buyout closes you get $1.65, or 2.5% more over say 4 months to close deal or 7.5% annualized return.....if you have better use for the money sell now....
Vitaly1977 wrote: Guys, need a practical advice here since it is a first time I am locked in this situation.. It is nice to see 60% up in one day, but I am still another 25% down so the question here is what can be the next scenario? Is it better to just leave and to re-invest 75% + to submit the loss later (around 8K) or to wait in the hope the price will go up? The problem is I don't see how the price can go over 1.65 if this is the price of the purchase or I am missing something? On the other hand - is it possible the price will go down after today's excitement? Or 1.65$ is something that the new company "HAVE TO" pay to all existing shareholders? Please advise!