Q: Hi Peter and Team,
I own TMA in a margin account and would like your advice as to what to do: should I wait for the $6.25 price when (and if) it goes private, or should I sell into the market at the current price (it closed today at $6.16)? Having used the proceeds of Contrans CSS (when they were bought out) to buy Trimac, I'd rather not replace TMA with another transportation stock. If I do sell now, can you recommend a few suitable replacements in the Industrial sector?
As always, thanks for your valued advice.
I own TMA in a margin account and would like your advice as to what to do: should I wait for the $6.25 price when (and if) it goes private, or should I sell into the market at the current price (it closed today at $6.16)? Having used the proceeds of Contrans CSS (when they were bought out) to buy Trimac, I'd rather not replace TMA with another transportation stock. If I do sell now, can you recommend a few suitable replacements in the Industrial sector?
As always, thanks for your valued advice.