Replies to post #222535 on Zerify Inc (ZRFY)

[cybermich]

Don't quote me:).. lol BUT..

I have been in stocks that have been given a buyout offer.. at say X price..

Usually what happens (in my experience).. the stock price goes up real close to that buyout price (especially if the buyout is at the final stages and in all likelihood going to happen)..

then an arbitrage happens.. where some folks will sell at that slightly discounted price (say for example if the buyout price was 10 dollars.. the pps might climb to 9.70) and some folks will be willing to leave .30 cents on the table to get the sure thing..

while others will be happy to take those shares for the extra little bit at the end..

Now there could be other ways this scenario could play out BUT if the above scenario was the one playing out, then the stock might rise through your sell order, trigger it and the shares might be sold for the $2.00 (*I can't say I have been in this position with a sell order so I can't say 100 percent that this would happen.)

Since it is your money, I would not take the word of anyone on a message board:) I would run this scenario by a professional (maybe somebody who works at the trading desk at whatever brokerage firm you subscribe to?)

If anyone else has experience with this scenario I would be interested to know what your take is.

Cy

[Farmerz]

If you have a sell order in during trading hours and someone buys them. they are gone. If you hold till after close and own the shares is when you would get the buyout price. I think.