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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Peter V who wrote (111053)3/17/2008 1:57:58 PM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
Depending on whether the amount is significant enough, I'd take the profits and find something else. Tied up capital has value



To: Peter V who wrote (111053)3/17/2008 2:01:32 PM
From: ChanceIsRead Replies (1) | Respond to of 306849
 
>>>Does anyone here know how the BSC options are going to be handled?<<<

Its really rather simple. A nominal $2 per share deal was announced. In the small print a share ratio was provided. Each BSC share will be rewritten as ...say ... 0.2 JPM shares. The old BSC options will be given a new symbol and control the same market value (#shares X market price). The strikes will also be ratioed accordingly.


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