> So, if you had bought, on the day you learned of that decision (a prime > example of both stupidity and snobbery in management), $1000 of an S&P500 > tracking fund, while shorting $1000 worth of the acquiring company's stock, > where would that investment stand today? > Or, better yet, buy $1000 of their top competitor while shorting their stock?
Couldn't tell you. I do own stock, still, part of the original buyout. (Share exchange.) I suppose I should sell it. OTOH, I was laid off from another company, one where I had a significant number of vested ISO shares. Had I sold all then in a fit of pique, I'd have lost out on its growth since then. From <$20/share at time of layoff, it peaked at about $210/share. Currently $189. Single biggest part of my retirement portfolio, by far. Had I _not_ been laid off, I would have several times the number of shares, and would be fully retire-able now. Still, if I can't be retired, working for a theme park is not a bad consolation prize! Life is weird sometimes. -- Jim _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
