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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (76970)6/12/2025 12:54:02 AM
From: Paul Senior  Read Replies (2) | Respond to of 78462
 
PZZA rose quite a bit quite quickly when the news of the buyout possibilpty was first announced earller this year. The stock then fell back when nothing happened. Now again the possiblity of buyout is renewed with media reports and the stock rises. It's at about $51, and the rumored takeout price is about $60+.

I've ridden the stock and the emotions with it. Great to see the stock rise sharply so soon after my purchase, bemoaning I hadn't bought more; dismayed to see nothing happen and the stock falling - eventually even below my buy price. Glad I didn't buy more. Sorry I didn't sell on the news of possible takeover. Holding on, seeing the stock slowly rise again from April lows, regretting I didn't buy more then. Such is my life here.

I'm now faced with either taking my profit here, or once again losing it if the takeout does not occur and again the stock falls back. And, if I sell now, and the offer comes through, I forego getting almost 20% more from the stock rise. Or alternatively I can risk more money and acquire more shares here, assuming the buyout offer will come through, be accepted, and the price will be about $60/sh.

Regardless, for me it's more talk than results here. I stand with a 36% gain on my tracking position. It's a tracking position though, so really, in dollar terms, only chump change gain. Unrealised gain at that.