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TDOC to buy LVGO

Posted on 8/5/20 at 6:21 am
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 8/5/20 at 6:21 am
At about a 10 % premium to yesterday’s closing price. A bit pissed as now two of my portfolio winners become one, so may have to sell some shares to diversify now.
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4205 posts
Posted on 8/5/20 at 6:26 am to
My main concern is if this long term hurts LVGO
Posted by HideChaKidz
Member since Oct 2010
7372 posts
Posted on 8/5/20 at 6:56 am to
Teladoc trading downwards while lvgo going up.

Is this good for lvgo?
Posted by castorinho
13623 posts
Member since Nov 2010
82031 posts
Posted on 8/5/20 at 8:24 am to
quote:

long term hurts LVGO

Well there won't be a long term.....
Posted by castorinho
13623 posts
Member since Nov 2010
82031 posts
Posted on 8/5/20 at 8:25 am to
quote:

Teladoc trading downwards while lvgo going up.

Is this good for lvgo?
That's just equilibrium to eliminate arbitrage.
Posted by BabyTac
Austin, TX
Member since Jun 2008
12167 posts
Posted on 8/5/20 at 8:27 am to
So is it smarter to sell off LVGO or hold before this happens???
Posted by AA7
Birmingham, AL
Member since Nov 2009
26704 posts
Posted on 8/5/20 at 8:31 am to
quote:

So is it smarter to sell off LVGO or hold before this happens???

Depends on if you think LVGO will keep climbing or if you think TDOC will have better results until then. I would hold for the time being and see how both respond.
This post was edited on 8/5/20 at 8:34 am
Posted by hiltacular
NYC
Member since Jan 2011
19677 posts
Posted on 8/5/20 at 8:42 am to
quote:

So is it smarter to sell off LVGO or hold before this happens???


If you didn't sell this morning at $155+ i would just hold and let the smoke clear.
Posted by 1234567k
Baton rouge
Member since Nov 2015
2067 posts
Posted on 8/5/20 at 8:49 am to
WTF!!!!
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 8/5/20 at 8:57 am to
Sold my shares. I don't like the look of this, i'll take my profits.
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