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Titanium Metals Corporation Message Board

  • seymour_cash seymour_cash Nov 27, 2012 1:45 PM Flag

    Sell or hold??

    I only have 100 shares & don't know if I should sell or hold..Any comments?

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    • Sorry if this is a dumb question....... in reading all the stuff that came from my broker, I am confused as to the worst case scenario. If I do nothing & the merger goes thru it sounds ok, ie you get the cash just as if you had tendered your shares, only it may take longer. However, if you don't tender your shares & then the merger doesn't go thru then there may not be enough shares to be traded. So then what? How would you sell them or get any money back.

    • Read the terms of the "Offer to Purchase for Cash", section six, "Price Range of Shares; Dividends (page 13). There seems to be an adendem where you may recieve the dividend regardless of the date of shares you tender, within a reasonable time line of course. The broker fees seem to be a none issue. Especially to me when you consider the TaxCommies getting a cut for doing nothing but holding the government hands out. These boards should be also be concerned with getting the Washington Minstrell Show off the back of
      Americans. Think about it, we have little to say(except Sell or Chance), win or lose, and BigGov gets the bucks when we are against a Wall.

      Sentiment: Sell

    • I just got an alert from Schwab saying I could sell or wait for the deal to go through and then my position would be liquidated for the sales price. The only way this is going down is if the deal falls apart. If another offer comes in it could go up. Not much risk to hold on for now.

      Sentiment: Hold

    • If I had no more than 100 shares, I would sell. Good luck.

    • My thinking is that if it was going to take off it would do so now, not after deal closes. So if for the last few weeks its just scraping along the lowest amount it could be worth after deal (unless somthing unusual happens!) it may go lower when deal is complete, not higher (short term). Longer term, I think it's a strong buy. Great question, I hope we get more input!

      Sentiment: Strong Buy

 

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