RE:RE:RE:RE:SOLDokgonow wrote: crazytimes wrote: Payper... you do realize if alamos goes up you would of been better off to hold the ar shares until they convert. You just paid more for your alamos shares. And you tossed away all the free newco shares.Not sure how you are doing your math but good luck on your trading. Yikes. Just my opinion.
thats whatbi thought as well ... not a very smart move
Not a math genius but acording to my math for every $1 Alamos goes up between now and the deal closing we get
$.0185 extra on the actual cash value per share not taking any of the spin off shares into consideration.
so if Alamos sits at $23.45 when deal closes we would have actually received an extra $.0925 or not $.34 but .$4335 plus the spinof shares valued at $.06
selling right now at anything under $.42 as of right now you are loosing money
what i keep forgetting to mention is that Alamos pays a $.03 quarterly Dividend
so take that into consideration as well