Post by
classact on Oct 09, 2013 10:56pm
If the conversion date was tomorrow, AMW owners would make
.50/share immediately. Why not sell FCU and buy AMW?
Comment by
GOWEST on Oct 09, 2013 11:34pm
Almost sorry I did buy, its almost impossible to trade this stock?
Comment by
classact on Oct 10, 2013 12:03am
That's why I don't trade it (much). Buy and hold, after the conversion you can trade. Right now, it's the better PLS buy, IMO.
Comment by
GOWEST on Oct 10, 2013 12:59am
Yes, well I rode HAT/TAS through Fukusima never had the chance to trade that! This Repulictard nonsense going on in the US has changed that, could have sold I guess, but at an large discount to holding?
Comment by
letsgetready on Oct 11, 2013 10:32am
if you want more of PLS after the merger, its better to own AMW right now. You will end up with more shares in Merged FCU than currently in FCU. However, you will end up with no FCU spinco shares but with AMW spinco shares. While FCU spinco is worth more than AMW spinco, I moved mainly over to AMW to get 6-7% more interest in PLS post merger.