Savvy Trades and Investments

[cliffvb]

NWHM Talked to an agent for NWHM today. Still have some shares in a taxable account as it becomes LTCG on 9/18. The agent said the tender deadline is sept 8. I asked what happens to shares that aren't tendered. He said they would be still be cashed out but it would take longer. Then he commented if at least 50% of the shares aren't tendered by 9/8 the deal is off unless extended. Said he wasn't sure what the current tally is but encouraged me to tender before the deadline. Hard to believe it wouldn't be higher than 50% since the offer at $9/share is WAY above the $5 they were trading at when it was announced.