Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (11) | Ignore Thread Prev | Next
Author: JudasTouch Big red star, 1000 posts Old School Fool CAPS All Star Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 129  
Subject: Re: Reebok Acquisition Date: 8/4/2005 2:51 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I also would like to get closer to $59 before selling (who wouldn't?).

However, debating the idea of selling before the deal closes, this is what occurs to me:

1.) I'm in over a year, so short-term gains not an issue.
2.) Agree with roberrabbit: I don't see anyone else upping the ante for RBK.
3.) Again agree with roberrabbit that the risk of the deal being derailed by shareholders or antitrust regulators is minimal.
4.) I understand that the deal 'could close in the first half of 2006' (from the AP story).
5.) The upside from here is ~3.5%.

So, what I'm looking at is holding my smallish position for another 7-10 months for a 3.5% return. I feel like there are some better opportunities than that out there right now, but realize I may be missing something.

Would love to hear input from you guys.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (11) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Macro Economics

The Story Behind the Story
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! 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.
Advertisement