what happens to your stock.? The company already did a reverse split so I'm already in the hole, should I hold it and see what happens or sell it .
2006-10-10 18:09:10 · 3 answers · asked by cmac 2 in Business & Finance ➔ Investing
You can't hold stock in a privately owned company, stock is for companies that are public. Most likely what will happen is that the stock you currently hold will be cashed out at its value at the time of the sale. If it is part of your 401K, the cash value would go into that.
2006-10-10 18:18:44 · answer #1 · answered by nativeAZ 5 · 0⤊ 0⤋
A reverse stock split does NOT put you in the hole. It does not change the value of your holdings.
If a private company buys it, you should receive cash for the stocks you own, whatever the purchase price per stock was.
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2006-10-10 18:16:50 · answer #2 · answered by Zak 5 · 0⤊ 0⤋
Upon information of a buyout, the objective business enterprise's inventory will leap close to to the envisioned buyout fee. you will maximum possibly be paid out at a extra physically powerful fee than what the inventory is at present procuring and merchandising.
2016-10-19 04:39:55 · answer #3 · answered by connely 4 · 0⤊ 0⤋