08-28-2019, 04:03 PM
(08-28-2019, 01:55 PM)stewardinlife Wrote: Hi all,
About MO. I have around 3K invested in MO. Is it better to sell and buy more of PM, due to the merger.
Thanks.
Probably way too soon to make that call. No deal has yet been agreed, but I'm sure the merger arbitrage crowd over on Seeking Alpha will have plenty of articles about this proposed tie-up.
I hold both, and intend to just continue to hold both until they become the same thing, assuming the deal goes through, and is not objectively terrible for either holding.
I am not much of a trader, though, so probably shouldn't comment on trading strategies. Once I own something I get greedy and want to keep it.