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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (60300)9/16/1999 1:49:00 PM
From: Patricia  Read Replies (3) of 90042
 
Tim, for some of us who have never been in a buyout before, what is the best way to handle the sale on the day that the buyout is announced?

In reading back on the price history of your previous buyouts, the buyout price is not the price that the stock got up to on the day of the buyout. It seems that our sell price can be anywhere between 1.25 and 3.00(approx) below the buyout price.

Any thoughts will be welcome.

Thanx

Pataricia

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