You'll have to excuse my ignorance on the terminology. I have stocks in a company that typically trades around 0.40 on average. Another company is attempting a take over by bidding 0.75. apparently there is some sort of bidding war with another company. The board of the company has recommended shareholders sell.
The stock price seems to be flatlined at 0.77.
I'm not sure if I should hold or sell. Just in terms of the share price is not quite where it is because of growing market interest, but because of a specific bid by one larger buyer.
Submitted August 31, 2021 at 09:28AM by Legaltaway12 https://ift.tt/3kCc4He
