$Credit Suisse(CS.US)$ What happens to equity once UBS takes over? I'd...
$Credit Suisse(CS.US)$ What happens to equity once UBS takes over? I'd be worried to shit if I was holding this, and now this causes further panic for other Bank stocks as well. Monday will be a shitty day.
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102711703 : Does it means CS will be delisted and/or stock price is zero?
102711703 : Crunch time for Credit Suisse talks as UBS seeks Swiss assurances will likely ip
Passive Investor : yes..CS will be traded a the minimum Apr value of usd0.10 so to remain on U.S exchange before further pushed to get delisted
F Ji Zenghe : UBS offering $1B to buy CS. Too little?
F Ji Zenghe : CS market cap is $8B
DramericanjesusOP F Ji Zenghe: CS needs an emergency buyer to not go under. Bear Sterns was bought for 2 dollars a share by JPM in 2008 and was later adjusted to 10 a share. I feel confident that any adjustments will be made once shareholders take it in the ass.
28282828 F Ji Zenghe: The potential loss of taking CS may even be greater than 8b in next couple of years. Nobody win, both are reluctant partners