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Author:

Jam ok

Subject:

Off Topic

Date:

12/23/15 at 4:54 PM CST

 

 

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Sentiment:

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NOK - OT

<p>I can't copy and paste, otherwise I'd write as a msg. the pm I sent earlier: I have no idea of what the latest NOK press release means in terms of acquisition dates. I called my brokerage, who at most would say, basically, this: In the past it has been common for such buyouts to be made as exchanges of stock, with the only taxable event being the insignificant 'cash in lieu' of fractional shares. But they have no specific information on the NOK/ALU issue, pretty much refuse to call investor relations themselves (I read that as the 'no liability' safety seat), and it may well be, in a worst case scenario, we're told about a substantial taxable event in 2016 that took effect in 2015. Why NOK would want to piss off it's 'newest' shareholders puzzles me, except for the general rule that managements in general are not concerned with our being, de facto, 'mushrooms'.</p>

My best guess, which really doesn't count for anything, is that they'll wait until the official 'counting' of % of shares acquired in the Jan4 - Jan5th time frame to say anything at all. My only reaction is that if they're going to keep us in the dark and feed us sh*t, it ought to be fresh sh*t, not the 2-3 week old kind. "Aged' only applies to cheese. Although this whole deal seems pretty cheesy. I will call the brokerage next week on the slight chance that there is further clarity. And Santa might leave a pony under my tree.

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