Post by
Vitaly1977 on May 11, 2017 1:05pm
Next steps..
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!
Comment by
Vitaly1977 on May 11, 2017 2:02pm
Thanks! But let's say the deal is signed - will they force us to sell the stock? I think the company that bought MSL is a private one, no share to offer in exchange..?
Comment by
lscfa on May 11, 2017 10:16pm
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....
Comment by
rickety1 on May 11, 2017 11:42pm
There is also a chance that the deal will fall through!!
Comment by
peter75 on May 12, 2017 8:07am
Vitaly if you had 500 shares the four cent difference is 20 bucks on 5000 shares its 200 bucks Take your loss and move on while you can There is a chance this deal never closes and your shares will be at . 80 cents I don't trust fishman at all I sold at 1.11 Looking back I lost a ton on this but one must move fwd
Comment by
GoldBug024 on May 31, 2017 10:20am
they wouldn't have even considered tabling this offer to shareholders to vote on if b Goodman wasn't already on board. Plus the guys accumulating shares above 1.60 aren't going to vote no. So I'd hold unless you only own 1000 shares lol