Re: Evaluate a noob\'s Investopedia portfolio and ideas please?
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Not sure if you knew this, but RBK is in the process of being acquired by Adidas. It'll go for $59 a share. The present discount is based largely on the cost of money over time, so holding RBK right now is a lot like having your money in a money market account.
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I dont really understand how the merger thing works other than that price of the acquired company usually goes up...
and that one day i logged in and it was up 33%...
if it was originally a value play then the next question i guess is do i want to own adidas or not...I haven't looked at it yet but figured I would sell it when i got around to it.
Is your point that all the big growth potential or potential for the "under-valuedness" to be recognized is gone so take the profits and move on to greener pastures?
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