I will have to disagree here. The possibility is always tantamount to traders. The biggest way to lose a big chunk of change is to blindly go about trading stocks and not reading fundamentals. I agree that a r/s will not happen pre-merger, but the possibility is always there post merger. Been trading stocks for twenty years. Never fall in love, with a stock. Make your profit, leave some shares behind and look for the next big stock play. One's profit size is directly proportional to one's risk. You have no concrete evidence that a r/s will happen or not post merger. A press release can tell you no, but a subsequent press release can tell you things changed and a r/s is going to happen. Seen that happen a few times over the years. My goal is to make a big chunk of cheese this month and next. Leave some shares behind and look for the next big penny play. If a r/s does not happen then we may both win. If a r/s happens in 2020, I will have made my money and the shares left behind will most likely disappear in a substantial r/s. I trade on what is in front of me and not months down the road. The market, as I have said, is dynamic and things change and events happen. Stocks go up and they go down. Some go away and never return.
Personally, I think this merger, if it happens (waiting on the LAHO 8k) is going make me some nice cheese this year, in my opinion.
I do not provide investment advice. This post is my personal opinion.
