Could someone explain to me what would or could happen if CGFIA did (hypothetically speaking) sold, or had a buy out. What would happen to the shares, and how would you profit from that transaction?
A. Would you sell on the news of a buy out (say it went to .10).
B. Wait till the transaction is done and sell once the new company tales over?
C. Or does the stock convert automatically ? And your shares are placed back into your account at the new value?
I really don't know how that part all works once a buyer steps in..
Can someone explain it to me or direct me to a site that would cover this issue.
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