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Avernus said: "Has anybody heard anything about Adidas buying out Reebok for 4 billion?...Someone close to me mentioned this as an insider's tip...
I have heard nothing about this and this person doesn't even tell me about stocks..but when he tells me about anything, it's usually on the money...
let me know if you have heard anything.."
Avernus said: "ahh, I found it....it's already been announced...
[url]http://www.washingtonpost.com/wp-dyn/content/article/2005/08/03/AR2005080300206.html?nav=hcmodule[/url]
I wonder what that will do for their stock..."
sp0om said: "Please anyone correct me if I'm wrong, but usually what happens, is that the stock price for the comany making the aquisition goes down, while the stock price of the company being aquired goes up. I can understand why the aquired company's stock goes up, but why does the price of the company that makes the aquisition go down...
Never quite got that... :confused: :confused:"
Avernus said: "[QUOTE=sp0om]Please anyone correct me if I'm wrong, but usually what happens, is that the stock price for the comany making the aquisition goes down, while the stock price of the company being aquired goes up. I can understand why the aquired company's stock goes up, but why does the price of the company that makes the aquisition go down...
Never quite got that... :confused: :confused:[/QUOTE]
exactly...which is why I'm not sure if this is a good or bad thing...
also, if anyone can find the quarterly earnings for ADSX, that would be greatly appreciated..
They just had a conference yesterday...then the stock just went up .21 for the day. I'm supposed to be able to listen to it at adsx.com, but they didn't put it there...
I feel left out :o ...I have shares, but want to know how good the news is...."
Avernus said: "ok...I'm in dummy mode...they are going to announce this tomorrow...
I like the fact that it's going up nicely the day before"
alhamid said: "generally the stock will run up to the offer price. if you own the stock before the merger or takeove is announced, you can make a lot of money"