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Question about a stocks
Posted on 4/23/14 at 11:38 am
Posted on 4/23/14 at 11:38 am
Im a newb and dont know shite about stocks but I have a question.
Im looking at putting about a grand on one stock thats priced around $6 a share. There is talks this company will be bought by another in the next 6-12 months. Should I wait till then to buy or buy now?
Im looking at putting about a grand on one stock thats priced around $6 a share. There is talks this company will be bought by another in the next 6-12 months. Should I wait till then to buy or buy now?
3
Posted on 4/23/14 at 11:53 am to FelicianaTigerfan
Spill the beans!!!
For your question, if there is a suspected buyout, usually the earlier you get in the better as companies are usually bought out at a higher price per share.
For your question, if there is a suspected buyout, usually the earlier you get in the better as companies are usually bought out at a higher price per share.
Posted on 4/23/14 at 12:37 pm to FelicianaTigerfan
quote:
dont know shite about stocks
quote:
Im looking at putting about a grand on one stock
You are correct about your not knowing shite. No offense. Do you have any diversified investments?
Posted on 4/23/14 at 2:25 pm to FelicianaTigerfan
What's the company?
Generally when a company purchases another company the share price of the purchased company goes up. Therefore, you would want to own the shares before the announcement of the purchase is made.
Generally when a company purchases another company the share price of the purchased company goes up. Therefore, you would want to own the shares before the announcement of the purchase is made.
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