Handling Buyouts/Mergers
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Posted by Michael Ruhoy on February 05, 2007 at 10:16:19:
I have read the thread about handling Buyouts/Mergers using the split function. It works, but I have a suggestion which would make it easier for me, and I think others as well. Add a new option from the right click menu, right below the split option and call it Buyout/Merger. This option would function just like the split option(i.e. (new shares) (old shares) ), but it would place a special icon on the chart, different from the split icon(i.e. the green "I"). This would help me since I display dozens of charts and it would be visually conspicuous and different from the true splits, since it really is different. I make buy sell decisions by visually scanning my charts, and I treat BuyOuts/Mergers differently than splits. When the icons are the same, I have to memorize which are Buyouts and which are really splits. Distinct icons would make this much easier.
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