.....guy said the situation will be over with soon and he mentioned a choice................?????.................I assume we could choose, for example between a 1/104 in FCNCA.......or $2.50 per in cash.........
....this way, the stock issuer gets the spread........because the assumption is the stock choice at $4.25 per minus a LTCG of 20% = $3.40 per........on non IRAs......................so $3.40 vs $2.50...........too wide a spread, imo......................either the stock offer has to come down or the cash deal must come up to about $3.00, which is more typical, imo.....
......................take the stock, regardless and HOPE - HOPE HOLDING USB or RY swoop in and buy frankie's flubbed body...............at about $500 per.....................................adds to our payoff..........
.......uwbi nightmare cannot last forever.............although it might.......................how long is forever, larry.........????.......