Message Font: Serif | Sans-Serif
No. of Recommendations: 2
All I can say is...OUCH!

A 50% premium?

So much for "Buy and Hold!"

I think this locks in a lot of losses...and I predict that this is not the end of it...either a bidding war will break out, or a million lawsuits.

There are many excellent lessons in this.

1. having your small company bought out by a bigger one will not necessarily make you rich

2. "premium" is a relative term

3. "and while we don't advocate trying to time the market"...well, I have become an advocate of attempting to kind of time the market...never buy an IPO until it's at least two years old.

I'm glad I only lost CAPS points. I feel sorry for a whole bunch of you out there...gotta be way more losers than winners on this.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.