Forum Topics Takeovers on your strawman portfolio
stevegreenycom
2 years ago

Sorry if this has been covered but I couldn't find on my searches. When the takeover money gets paid on a stock in the real world does the strawman sytem gurus affect it here to replicate? An example I noticed today is I hold some SXY. In the real world all holders got paid $4.60 I think via a scheme.

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Strawman
2 years ago

Hi @stevegreenycom

The system tries its best to capture them, but it usually requires a manual intervention given the unique character of each takeover/delisting.

In this instance, with SXY only being removed today, we should see it bubble through in the next couple of days, at which point i'll close out any open positions for $4.60 in cash.

If ever you notice something odd, just DM me or email admin@strawman.com and we'll get it sorted.

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