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Re: lerx post# 1321

Wednesday, 05/14/2008 4:48:41 PM

Wednesday, May 14, 2008 4:48:41 PM

Post# of 5678
It depends on what the deal would be. IF its a straight buy out it could be cash for shares. OR it could be a share swap, GXPI for , say , AUY shares. Regardless of the way the wealth is transferred, it would prob still be a very good deal for the shareholders because the new company would want to maintain good relations. OR if we are really lucky, it becomes hostile and multiple company's bid for it and the price goes up and up. In that instance, it might be a good strategy to sell the shares before the deal is even over. Just like yahoo recently, it would have been better to sell yahooo shares just when the bidding war was makign big headlines because you get maximum price, or at least pretty close to it. But i think we are still several months away from that happenign, so dont sell yet. Buy and hold with this one, and watch it alot.

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