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re: Stocks on your watch list

Posted on 8/7/20 at 9:23 pm to
Posted by cgrand
HAMMOND
Member since Oct 2009
39005 posts
Posted on 8/7/20 at 9:23 pm to
I get it that the new company will be a monster, certainly.
the problem is that existing shareholder equity in BOTH companies is being trampled

and there’s not a real path to make anyone whole

it’s a disaster
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 8/7/20 at 9:35 pm to
I want to put a lot in, but I have no idea when the right time will be.
Posted by TheChosenOne
Member since Dec 2005
18543 posts
Posted on 8/7/20 at 9:51 pm to
My original plan was to stick with both—I had 300 LVGO and 100 TDOC. I was up big and felt I could weather the storm and maybe buy more. I ended up selling some yesterday, then getting rid of the rest today.

With the amount of disappointment from shareholders on both sides, litigation may be a real possibility, which could be disastrous from a share holder perspective. Considering we’re still months away, I just didn’t want to risk being caught up in that with such a large position, relative to my portfolio.

If you stick with it, I hope for the best. I’m sure I’ll own the new TDOC, or LVGO if it doesn’t go through, again once the dust settles.

My starting position with LVGO was at 52. It was a hell of a ride.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 8/7/20 at 10:39 pm to
quote:

cgrand


How do you feel about Chegg and AYX?
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