In June I bought 100 shares of Coach USA at 42 1/4.The company has been bought by an English company, Stagecoach Holdings Corp, and outstanding shares of CUI will be converted at $42./share. How can I research the English company? How do I decide whether to sell or hold?
dealing,I don't know the companies involved, but as soon as something happens to one of my stocks that I don't understand and can't get good info on, I sell. Risk taking is necessary, but blind risk taking is not.My universe is US stocks. The SEC ensures we can get consistent information about them; acounting rules are strict and quite well enforced. I've heard it said that UK companies have decent reporting rules too, but I don't understand the rules and don't feel compelled to learn them. Provincial perhaps, but the US stock market provides all the hunting ground I need. I'd rather improve my knowledge of GAAP in the US than confuse myself.It's a personal decision, of course.Cheers,GW
Thanks for responding to my inquiry. I also received an e-mail from someone who referred me to the Stagecoach website and fan club. Very interesting information and find that the company is global. I do own one stock that is also located in the UK, but it is difficult to follow here and I don't wish to add another "mystery guest" to my portfolio.
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