BAE Shares

[spotit3]

Anyone suggest whether it would be a good idea to sell BAE shares on talk of a take over or would it be better to hold on to them? Just that they shotup 35p each today.

[factor-fiction]

I think we'd all be guessing

[MASS1961]

Are you sure you haven't missed the boat?

http://uk.finance.yahoo.com/q?s=BA.L

[munchie63]

depends on a few things really, but yesterdays gains are todays losses..almost. If we could predict we'd be billionaires.

Small divi payout due soon. The merger talks will drag on as GB amd US govmnts will have their say due to sensitive contracts involved.

Really depends on how much you purchased at. I've put in a sell price of £4 and it it hits that I'd be happy with the profit. There's never a 'right' time to buy or sell, just go with your gut feeling

[HowardKennitby]

Who is taking over whom?
If you are happy with with your profit then take it.

[munchie63]

60/40 merger Howard, both companies benefit as they become bigger than Boeing and can share production costs etc.

You're right though - sell when you're happy with the price - what suits me might be nowhere near what the next guy wants to sell for

[Mick-Talbot]

they went up 35p yesterday, today they are down 26p

[Prudie]

Unless you need the money or were already planning to sell before the merger proposal was announced I'd keep hold of them. As said this will be a long drawn affair that may well never come to fruition. If it does I'd expect the BAe shares to rise.