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Monday, July 05, 2021 4:05:07 PM
Since I have been in the market as a broker and an investor since 1961,,, I have seen all kinds of buy outs , take-overs, hostile and not so hostile---
First thing that happens when it becomes a verified rumour is your PPS begins going up rather rapidly and the flippers are prolific during this--
When actual numbers are bantied about the PPS will rise up towards those numbers and we will lose a lot of our short term ""investors""===
So, if you hold all the way thru and the buy out is $2 per share and you own 100,000 shares ,,, this is $200,000 dollars---if the company pays in its stock , and their stock is trading at $10,, you will receive 20,000 shares=== totaling $200,000 in your brokerage account of said company
Cheers and nice to see you here,,,art
PS all JMHO
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