Q: Hi 5i,
Given the recent run in ALX, would you recommend taking profits at current levels or holding on for the long term?
What would you do if you were sitting on a 30% gain in just a few days with respect to upcoming rights offering?
Would you tend to hold for those shares, or sell prior to record date? How would you calculate the drop in value from the rights offering post the record date? I see a drop of at least the percentage of dilution on the non PP stock out there in the market(around 8-9%?).
Thoughts?
Given the recent run in ALX, would you recommend taking profits at current levels or holding on for the long term?
What would you do if you were sitting on a 30% gain in just a few days with respect to upcoming rights offering?
Would you tend to hold for those shares, or sell prior to record date? How would you calculate the drop in value from the rights offering post the record date? I see a drop of at least the percentage of dilution on the non PP stock out there in the market(around 8-9%?).
Thoughts?