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    belikecoy's Avatar
    belikecoy Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 6, 2009, 10:26 PM
    buying stocks
    wamu's stock is at $0.16, chase's stock is at $15.00. If I were to buy $2000.00 worth of wamu's stock at $0.16 now would it be valued at the $15.00 per shares chase's stock is at when the buyout is complete?
    Lowtax4eva's Avatar
    Lowtax4eva Posts: 2,467, Reputation: 190
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    #2

    Mar 6, 2009, 10:33 PM

    my guess is no, you would probably be offered $2000 of chase stock in exchange at the value of chase stock at the time of sale
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