I'd like to get my "investment" out and ride the rest til the end. I think there will be at least two offers and I won't take out my investment on the first offer. I think many will, so the PPS will be lower that day than it will later.
If it's a cash offer, I can wait because .01 is 3,000 with what I've got right now. I bought 300,000 with the intention of keeping at least 250,000.
If it's a stock swap I'd think it could go many ways. Would JPM elimnate the dividend with a swap? Would our shares be restricted in any way? Would JPM be worth more in a year for long term capital gains? I think a stock swap would be the best for trading in and out if that were to happen. So the higher the PPS the less I'd have to sell. I can think of quite a few plays I'd like to put that money into.
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