Big Banc Split Corp T.BNK

Safe to assume payday

[QUANTUMJUMP]

is in October ?

[ImFineThanks]

Yea, I talked to IR this week and they said they still expect it to close this week and it'll take about a week to get paid after it does...

[braincloud]

You guys still hanging in for .02 ? Really? Wow! 

[Northguy53]

who asked you?

[ImFineThanks]

..because it's a guaranteed couple grand in a couple weeks and there isn't any other place I would like to gamble right now. In fact, I'm out until Dec./Jan. when I think I will be able to pick up some better deals in the oil and gas industry again. That's just my plan.

[ChupacabraBueno]

BC, A near certain 1% in a couple of weeks is not a bad return. But by all means please share your better ideas here. Most of us on this board are looking to redeploy cash very soon if not right now.

[braincloud]

It comes down to risk reward . There's nearly a zero risk the BNK deal falls through , but if it does the downside is substantial . If you like oil then buy an oil stock NOT a virtual T Bill . You'd look pretty stupid hanging on to deal to make .02 if something were to either delay or scuttle the deal when oil is on a rip. Have a look at the score board today . Any number of oil names up