2014 Biotech Charity Contest Message Board

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Biotech / Medical : 2014 Biotech Charity Contest

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To: Rocky9 who wrote (376)	8/16/2014 1:44:38 PM
From: BulbaMan	Read Replies (2) of 487

Thanks Rocky. The QCOR buyout by MNK was fixed at $30 in cash and .897 shares of MNK for each QCOR share. And your Contest portfolio was the only one holding QCOR. What I did was reallocate the cash to your other portfolio stocks (using their 8/15/14 closing prices) and simply put the MNK shares in your portfolio. Specifically, you had 183.65 QCOR shares in your portfolio, which gave you $5,510 in cash (30 X 183.65) and 164.73 shares of MNK (.897 X 183.65). For reference, the 8/15/14 total value of the added portfolio and MNK shares was $17,315. This amount is almost exactly equal to the total value of what your QCOR shares were worth at its 8/14/15 close. Let me know if you have any questions. Peace & good health, Bulba

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