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Re: KingofPennies post# 64

Tuesday, 10/21/2008 7:50:22 AM

Tuesday, October 21, 2008 7:50:22 AM

Post# of 78
Exactly....BUT...depending where you read, the buyout price is .2924 of the price of STD on the day the buyout was announced ($3.81) OR it is .2924 of the STD price on the day it is executed (?)

If it is the former then why should the price be all over the place??? Why would you sell below $3 a $3.81 stock??

The only reason I can see would be that since it is a share exchange (STD for SOV) the confidence in STD as a bank is low


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