I just got an email from Scottrade asking if I would like to sell my shares to Symphony Investors. They have an offer for $4.00 per share on the table. Not sure what I should do at this point?
If you want to lose money and wait for a long time then you tender.
Some of your shares will be retuned to you when the price is at low $3. Think about it.
Help me out please. I have 10K shares. If I allow Scottrade to tender won't they just sell up to 30% at $4.00 and the rest stays at market value?