Quote:
Originally Posted by BrianD
This isn't terribly surprising. If EA is going to value the stock at $26 with their offer, buying stock at any level below that will be an instant win if the deal does go through. Stocks generally rise to the takeover offered price and then slowly drop down if the takeover doesn't take place. If you do own stock already, I'd give serious thought to selling around $26 as it probably won't go higher...unless you really want the EA stock it may become.
|
It's now gone up well over 9 dollars today, up to 26.46 this afternoon. I'm usually a long term sort of guy, but this is a very interesting decision. I bought these shares back when it was around 15 dollars/share.
Edit: It is now 26.89. Hmm.