I own just about 50 shares of MMP a company that was just announced to be purchased by OKE another company I hold around 30 shares in. After the announcement OKE dropped about 10% and MMP rose about 15%. Would it be stupid for me to sell MMP and buy OKE at the discount? I don’t see any flaws in this logic but I also don’t know a-lot about the stock market. Does this make sense? Would it be dumb to do this? What should I do?
[link] [comments] https://www.reddit.com/r/stocks/comments/13jdqf1/owning_stocks_during_an_acquisition/
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