COHR ==> The Minneapolis Winner

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  • jiesen
    Senior Member
    • Sep 2003
    • 5319

    #16
    Sold my COHR today for $224. While it's not a winner for me, it's better to take the $224 now, than settle for the $214 or $217 buyout, whichever it may be. Saw the news that they had bumped it up 1% from the original buyout target of $214, so maybe $224 reflected speculation of a bidding war? Anyway, that got me to sell out... (Only a 10% loss, too. I'll take one small loss along with 30 winners any day)

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    • jiesen
      Senior Member
      • Sep 2003
      • 5319

      #17
      Originally posted by jiesen View Post
      Sold my COHR today for $224. While it's not a winner for me, it's better to take the $224 now, than settle for the $214 or $217 buyout, whichever it may be. Saw the news that they had bumped it up 1% from the original buyout target of $214, so maybe $224 reflected speculation of a bidding war? Anyway, that got me to sell out... (Only a 10% loss, too. I'll take one small loss along with 30 winners any day)
      WOAH, my bad! Guess it ain't over 'till the fat lady sings, eh?

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      • mrmarket
        Administrator
        • Sep 2003
        • 5971

        #18
        it's a 3 way horse race...all we need is a 15% premium over the latest bid!
        =============================

        I am HUGE! Bring me your finest meats and cheeses.

        - $$$MR. MARKET$$$

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        • mrmarket
          Administrator
          • Sep 2003
          • 5971

          #19
          IIVI has completed their merger with COHR...I basically broke even on this trade as each COHR shareholder received $220 plus 0.91 shares of IIVI stock, however I didn't make 15% on it, so I will start a new streak as of February 2018.
          =============================

          I am HUGE! Bring me your finest meats and cheeses.

          - $$$MR. MARKET$$$

          Comment

          • jiesen
            Senior Member
            • Sep 2003
            • 5319

            #20
            So.... what are you doing with those extra IIVI shares you've got? Selling, holding or..? (Just curious)

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            • mrmarket
              Administrator
              • Sep 2003
              • 5971

              #21
              Originally posted by jiesen View Post
              So.... what are you doing with those extra IIVI shares you've got? Selling, holding or..? (Just curious)
              They are sitting in my account. I don't know much about the company as a whole. Will most likely dump them.
              =============================

              I am HUGE! Bring me your finest meats and cheeses.

              - $$$MR. MARKET$$$

              Comment

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