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Technology Stocks : CYPRESS Semiconductor (CY)
CY 23.820.0%Apr 16 5:00 PM EST

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To: OldAIMGuy who wrote (2682)6/7/2019 2:22:59 PM
From: Debt Free  Read Replies (2) of 2694
 
Still holding a good chunk of CY and trying to think through what to do.

There is still at least $1.70 or about 8% upside to the takeover price of $23.85. In addition, there are 2 dividend payments, with the first one on 6/26.

I have read elsewhere that the gap in price is do to some concerns that the deal will actually close. I guess there is a chance of a bidding war but I am certainly not going to assume that there is going to be one.

Pretty sure I will be selling before the dividend payment but looking for others thoughts.

TIA
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