I'm new to buying stock but if I know about a buyout that's happening next week...

Daigo23 · Mar 5, 2014

If I know about a buyout from a major company to purchase a private owned company for 865 million dollars next week. Wouldn't it be wise to buy stock in public company before they make announcement? I know the ideal thing would be to buy stock in both but can't because one is a private held company. Just wondering if it's worth to buy and sell quick?

Time2shine · Mar 6, 2014

Daigo23 said:
If I know about a buyout from a major company to purchase a private owned company for 865 million dollars next week. Wouldn't it be wise to buy stock in public company before they make announcement? I know the ideal thing would be to buy stock in both but can't because one is a private held company. Just wondering if it's worth to buy and sell quick?

It all depends . If its public information, then share the info and I'll do my DD for this thread! Enjoy.

Daigo23 · Mar 6, 2014

It's not really public information yet I guess. The company is going to hold a meeting next Tuesday about the buyout but nobody really knows.

Time2shine · Mar 6, 2014

Daigo23 said:
It's not really public information yet I guess. The company is going to hold a meeting next Tuesday about the buyout but nobody really knows.

If you believe in the players, then definitely buy it!