That is up to you. You will be owning the same company as you did before. If you think there is potential in KCG, then hold onto the stock. If not, sell now. I am going to sell part of my position now to lock in the 15% capital gains rate. THe other part I will hold and take stock in the new company.
Capital gains rates going up next year. I will take a 4% discount to avoid paying higher gains taxes next year...particularly with time-value of money taken into account.
You need to read about finance
It depends on many things:
(1) only half of the deal is in cash...the other half is in stock. It will be pro-rata if more than half of the total value is demanded in cash by shareholders
(2) time value of money...when does the deal close? It could still fall-apart and if I take a 3% discount to the 3.75/share offer but can use that cash to make 5% somewhere else with it...then I sell now at the discount
(4) I will have substantial gains but want to lock in at the 15% capital gains rate this year rather than the higher 20% or so rate for gains next year...DUH!
...HPQ is still overpriced, that's what's wrong! These estimates are outdated and not relevant...but analysts do not change them until enough retail buyers have bought the shares of the larger institutions selling this crap. Soon, the revisions will come out and the PE will be back up around 15x when the estimates are slashed...tanking the stock further. HPQ is dead. It is a dinosaur of the cold-war era. It is run by morons. It is a bloated garbage shoot for old computer executives to die in. If you were young, smart, motivated, and a quality technology expert...would you go to HPQ to work? NOPE! Who goes to HPQ? Umm...some old lady that used to be at eBay or Palm about 20 years ago...that's who. Worthless...bad money thrown at bad money. This company is finished. Remember when Sears was the best retailer in the USA? Nobody could beat it! The BEST! Well...it is crap now. HPQ sucks. Run!
what a pile of crap. only morons working over there anymore. I mean...the board is a pack of old farts that knows NOTHING about tech and the only people that have not already left the company are the morons!
I put in some orders to check out the trading of the PGJ today. I put in orders at 17.19/share but my orders got skipped over and the ETF traded down to 17.12/share and my order is still open to buy at 17.19/share! Someone is screwing around with the trading. Gonna contact the SEC
Only two companies in the top-10 holds are down today (both down about 5%), while the others are all in the green. Average stock in the ETF is in the green today (even China's market was up over 1% today) but the PGJ ETF is dropping over 3%??? Hmmm....manipulation at its best.
This thing does not even remotely follow the index that the managers claim it will follow...
what a total fraud - again - from this ETF company. ETFs are a scam! People pay fees to these ETF managers to lie and lose their money. STAY AWAY FROM ETFs!!
I am up over 30% on SEED in the past week alone!!! Average buy at 1.40/share...sold part of my position to lock=in the profits...now playing with your dumb money again! THANK YOU SHORT SELLERS AND IDIOTS!!
...avg buy price under 25.90/share...ha ha! Good entry. Thanks!!
Average cost under 1.50/share right now! This is great! I keep adding a little everyday. SEED has over 25M in cash but the enterprise value is under 15M and the mkt cap is only 33M!!! NUTS! SEED earns over 92M per year in revenues, is profitable, growing, and debt is basically ZERO!
THANK YOU MANIPULATORS AND MORONS!
...while 10 year treasuries still yield under 1.7%? WOW! I have hundreds of shares of BP with average buy price of 38/share...and I get paid 5.2% per year for dividend reinvestment! This is a great deal. THANK YOU SELLERS!