News Focus
News Focus
Followers 6
Posts 730
Boards Moderated 0
Alias Born 02/13/2007

Re: KQforever post# 31990

Thursday, 03/01/2007 12:41:55 AM

Thursday, March 01, 2007 12:41:55 AM

Post# of 63795
finally after midnight so i can post again..i know, i know...i'm down 30k on these 3 stocks, but won't spend a few bucks for the premium service..too cheap i guess.

someone please tell me if they think i'm way off base here.

i own a bunch of onyi stock..at a huge loss...
i also own usse and sstp(bought that myself, no divi)..

why should i not dump all my onyi shares....in the 30s..take the loss, and then just buy what will be more shares of usse and or sstp at a lower price. i then would turn around and get the same number of onyi shares (either 1 for 1, or 1.3 for 1) from the newer usse shares purchased....of course after the merger.
i hope this makes sense to you all...and where am i going wrong on this.
maybe this is why onyi is just plaiin dead lately.
one other concern is will i even be able to dumpthe onyi shares. the spread right now is huge.....


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y