Hey DCX, It's good to leave shares behind after playing the hell out of them. I had one that I left a hundred shares behind and they went back to hundreds after a split and climb. I'm out today though.
Holy cr!ap! shortthepig!!!! I thought you had disappeared!
I never dumped my Slimer shares, although I have to say that the recent drop to the $40's from a recent high of $62 was more of "oh no, here we go again".
I'm also still saddled with some cr~ap I remember you said you had gotten way back when, even though you cautioned everyone to "stay away". You might remember the old name of Cytoclonal Pharmaceuticals it went by in the late 90's.
I have a question for those who might know, and perhaps it's why I see lawyer snakes posting stories claiming the management of CYMI breached its fiduciary duty.
We know that CYMI holders are supposed to get $20 + 1.15502 shares of ASML for each CYMI share, but my question is, what happens if the market tanks and/or ASMLs share price tanks right before the acquisition date?
Let's say, for example, ASML drops to $10 at the time of the transfer.
Do the CYMI shareholders get only 1.15502 * $10 + $20, or approximately $11.55 + $20 = $31.55 for their shares? Or is adjusted in someto meet the total price that's assumed that ASML is paying?