Not getting much advice are you? I wish I could help but I find myself in the same unenviable position. When this merger was first announced I thought I saw a much more generous distribution for KSHB holders. That doesn't seem to be the case. In fact it's pretty pathetic.
I've fooled around with numbers and I really don´t know. I have been in and out of this POS for more years than I care to admit.
Currently I'm in with 1,350 shares @ $6.19, does that make you feel better?
I would really like to say Good Riddance to this POS and wish them the worst of a bankruptcy.
The only thing that I can be 100% sure of, and I kid you not, whatever I choose to do, as soon as I pull the trigger the pps will respond proving within mere seconds that the choice I made was the wrong one. OH, the stories I could tell, but I'm willing to bet you've got enough of your own!!!!
Bottom line for me, my internal momentum is building towards selling before the merger it official. It appears to me that the Market could care less one way or another. One POS merging with another POS, what else ´ya got?
I would love to never have to see KSHB anywhere near my portfolio. I think I am getting closer and closer to selling before the official merger date.
I know I was of no help to 'ya. Sorry. Let me know what you decide.
Hero Worship Inhibits Free Thinking -- Don't Drink The Kool-Aid
. . . . . . . . and of course Reverse Splits SUCK!!!!!