ETFs & Funds
High risk/high reward
offering $3/share to take co private. Stock @ $1.75-->70%
. Needs to secure debt financing
If we hold, will it automatically sell at $3? If not, what price will you sell?
This is a VERY risky deal based on a lot of contingencies. Please read news release:
Invest with mad money only...
...and hold until an offer is accepted or rejected. That's my take on it. If the deal should fail, you could lose a lot.
Ty very much
Add a reply...
Latest StockTalks »
people get M breaking news and analysis by email alert.
Get email alerts on M »
Get latest price
From other sites
JCPenney (JCP) vs. Macy's (M): Which is the Better Retail Stock?
at Zacks.com (Mar 18, 2016)
JCPenny (JCP) vs. Macy's (M): Which is the Better Retail Stock?
at Zacks.com (Mar 17, 2016)
Zacks Industry Outlook Highlights: Macy's, Rite Aid, DICK'S Sporting Goods, V.F. and Tiffany
at Zacks.com (Mar 11, 2016)
Macy’s President buys 25,000 shares
at Nasdaq.com (Mar 3, 2016)
Macy's (M) Raises Dividend by 5%, Boosts Share Buyback
at Zacks.com (Feb 29, 2016)