Or they will keep dumping shares and then say the deal fell through.. They will probably blame it on the message boards being negative.. But what do I know.. This is the first stock I ever played so please dont take my advice..
Kind of new here. I'm just curious if there is precedent for a 10X the stock price buyout like this. I've seen precedent for companies with PR's for buys 10X the price that didn't work out, but what about buys at 10X's market value that did? I've got a significant amount of shares, and I'm kind of scared with the PPS so low. TIA!
As long as the trade has settled? Does this mean t+3? So if I buy on April 7 or 8 and then they close the deal on April 9, would I not receive the dividend? What would happen to my shares?