A company I own stock in just announced that it is being sold to another company. How do I decide if I should keep my stock through the transition or sell it before hand?
2006-11-02 09:12:34 · 3 answers · asked by AskBrian 4 in Business & Finance ➔ Investing
keep it through the transition. First off you will save on broker commission charges. second you will either get a high value for your stock or it gets exchanged to the company that bought it.
Keep it you got a winner there.
2006-11-02 10:27:44 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Generally speaking, the stock in the company being taken over has a nice little spike after the announcement. Much of the decision would be based on information about the acquiring company. Is it a stock that you would normally consider investing in? It might be time to do a bit of research on the company who's taking over your company.
2006-11-02 17:43:54 · answer #2 · answered by SuzeY 5 · 1⤊ 0⤋
Well a good start might be the reason the company sold themselves. If they were falling on hard times and losing money you might want to get out, but if they were doing well and just decided to sell for profit or something you might want to keep.
2006-11-02 17:31:07 · answer #3 · answered by luvfurypassionenergybabe 5 · 1⤊ 0⤋