Exactly. I can see maybe flipping 20% of your position if you have a large holding but if you truly think this will go to .10 on merger news, the benefit outweighs the flip. With that being said, I can't control everything so I will simply pick up cheapies under a cent and then wait for the merger news. I've got plenty of time to wait.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.