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IBDvalueinvestin (98.37)

Should I close my NSM pick after 70% gain?



April 05, 2011 – Comments (1) | RELATED TICKERS: NSM

There is no benefit in keeping it open correct?

1 Comments – Post Your Own

#1) On April 05, 2011 at 2:51 PM, SolarisKing (< 20) wrote:

I haven't read the details of the buyout, but in the past i've seen stocks exceed the announced price, and then a week later the price was re-negotiated.
   I've also seen buyout notices that fell through.

Or the slight possibility of a correction for the markets.

Oh, and once i saw a buyout that included future profits of a drug to the shareholders of the bought. That was wierd.

Either way, it's small fry to a good player like yourself.


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