InvestorsHub Logo
Followers 1
Posts 202
Boards Moderated 0
Alias Born 10/26/2004

Re: None

Monday, 05/21/2018 10:29:25 AM

Monday, May 21, 2018 10:29:25 AM

Post# of 6624
Trading and the buy out.
I just talked to a friend of mine in the trading department at a financial firm. He said that AMAVF is NOT an ADS or an ADR. He stated that each share of AMAVF is backed up by an ordinary share of Arcam and represents that as well in the GE process. When the squeeze out happens, these will be cashed out like Arcam shares in Stockholm. Just for the heck of it, I put in a limit buy order today and it hit (also bumped up the stock price, you're welcome). I figure, why not..I'll buy some on the cheap with the assumption it'll be cashed out higher in a couple of months.
Who's selling? Those who have no idea what's going on (I still am not 100% convinced that I know)and just want out because they are freaked.
Just my 2 cents..

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.