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Re: jhdf51 post# 104001

Monday, 09/28/2009 10:09:34 PM

Monday, September 28, 2009 10:09:34 PM

Post# of 735911
I'm not sure how a settlement works, so please feel free to correct me, but if JPM offers to buy WAMUQ out for, say, $12, whether you sell or not you are going to get the $12 per share once the stock gets bought out, right? So then it wouldn't make sense to sell, ever. They are not going to lower the offer obviously, so then the only two possibilities are that it will stay still or it will go up. With those being the only possibilities, it only makes sense to hold your shares until your broker swaps them, at least for a week or so, but unless your really impatient I don't see any reason at all to sell. They are not going to retract an offer or lower it, otherwise they will be in DEEP trouble even more so than they already are when the trials come. JMHO I haven't done any research on a buyout so I can't confirm that any of this is true.
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