Blowout Cards Forums - View Single Post - Topps out---Fanatics in

auctionjmm · 08-21-2021, 05:04 PM

There are two ways to look at the timing of the announcement...

1.) A calculated blow to Topps 6 days before going public.

2.) A life raft to investors whose shares would have crashed below $5 if the announcement happened post-merger.

I was sitting on 6,400 shares. Took a $3500 loss, but could have been $35,000 if they waited. For as slimy as this deal might have been, I feel like mercy was shown upon me haha.

08-21-2021, 05:04 PM	#1598
auctionjmm Member Join Date: Jul 2010 Location: Cleveland, OH Posts: 9,993 auctionjmm	There are two ways to look at the timing of the announcement... 1.) A calculated blow to Topps 6 days before going public. 2.) A life raft to investors whose shares would have crashed below $5 if the announcement happened post-merger. I was sitting on 6,400 shares. Took a $3500 loss, but could have been $35,000 if they waited. For as slimy as this deal might have been, I feel like mercy was shown upon me haha. __________________ I have finally created a Facebook business page. If you are interested or would be so kind as to like/follow me, please check it out! https://www.facebook.com/Auctionjmm/