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Post by sportsrancho on Oct 22, 2017 7:46:55 GMT -5
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Post by boca1girl on Oct 22, 2017 8:45:13 GMT -5
Good info. One thing they did not cover is a stock swap. Not all m&a is done with cash. I’m not sure how they “adjust” options in that case. IF A BUYOUT WERE TO OCCUR...I expect that people buying options today with strikes at 7 and 10 think that a buyout would be higher than $10 in either cash or cash/stock. I would prefer a stock swap so I can control the timing of the capital gain tax impact. |
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Post by sportsrancho on Oct 22, 2017 10:07:14 GMT -5
Good info. One thing they did not cover is a stock swap. Not all m&a is done with cash. I’m not sure how they “adjust” options in that case. IF A BUYOUT WERE TO OCCUR...I expect that people buying options today with strikes at 7 and 10 think that a buyout would be higher than $10 in either cash or cash/stock. I would prefer a stock swap so I can control the timing of the capital gain tax impact. I remember looking this up before...I’ll try and find it. But it said if we get like “one share of a PB for two of ours”. We end up with options in the other company adjusted to their stock price. Then we can sell when we choose or before they expire. So in this case we would have half the amount of options, but they would reflect....and turn into the ITM calls of the other company. |
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Post by xoxoxoxo on Oct 24, 2017 10:23:04 GMT -5
I bought more shares today @3.85 for the first time in a really long time. I need to find my old post but I lost a shitload a few years ago on mnkd, but thankfully got out when I did at like $4/sh (split adjusted to $20 now). Me getting back in should be an indicator that we're going bankrupt tomorrow, and for that I apologize in advance to everyone. Apologies everyone, I take full responsibility for the price dropping down to 3.50. If I buy some more I bet I could push it under $2 |
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