BUY.COM Merger

[rml]

Anyone got any news about it?

 

[gopunk]

with who?

 

[rml]

They are planning to merge with a company that the founder of Buy.com owns.
I received the proxy voting material last night. (I am a buy.com stockholder) There is 40-50 pages of attorney document and I do not have time to read it yet.

 

[Stark]

You own buy.com stock? Poor guy. 😛

 

[nateholtrop]

whats a proxy vote?

nate

 

[bozo1]

<< whats a proxy vote >>


If you own stock in a company, you usually will receive a proxy form before the annual shareholders meeting to vote on the proposals they will be putting forth at the meeting. One share = one vote.

 

[rml]

I bought the stock at IPO and paying $23 per share 🙁

I was going to sell it last December but the transaction cost to sell the stocks is more than the face value of the shares.

I lost $1000 on this stock.

 

[BrunoPuntzJones]

<< I bought the stock at IPO and paying $23 per share 🙁

I was going to sell it last December but the transaction cost to sell the stocks is more than the face value of the shares.

I lost $1000 on this stock. >>

damn, now it's like $0.20 a share 🙂 dont feel too bad, i bought Palm at IPO for $97. it's like $1.50 now. grrrr.

 

[RossMAN]

I don't think this is anything new, click SEARCH and check the archived messages.

I sure do miss their $30 off $150 coupons plus free shipping deals.

 

[Steeven]

Hell I miss the $10 off $10 purchase coupons. Back when webcertificates was giving away the $5 certificates like candy I was able to get countless free CDs from buy.com.

 

[toant103]

i lost $3500 in stock. It was my financial aid money. Mostly loan. now i'm really in debt