Originally Posted by
Stayontarget
It’s interesting, 81 pages in and I have not seen 1 post about people losing money on the JetBlue deal based on their share price offering. They all assume at $30 you would make gobs of money as if you purchased the shares right at the bottom. I purchased some of my shares at $35 and the rest at $26. This JetBlue deal would force me to sell some shares at a loss. As a shareholder why would I want that? How is that superior again?
I have no idea where the major institutions DCA is on their SAVE shares since they have been as high as $80 and as low as $8 but I doubt all happened to buy their millions of shares with perfect timing.
so long as you have more than 55% of your shares at the $26, you won't be at a loss. besides, buying individual company's stock is a gamble. and gambling with your own company's stock is a gamble that is ludicrous to me. Something goes wrong you lose your job and your money.