Paramount Global ($PARA) has been a whirlwind stock, since the 2023 earning seasons. There has also been a lot of talk about what to do with streaming platform.
Sell to another streamer to consolidate? Increase services and content for the streaming platform? And now, take the streamer private? Very interesting, and something I have not been involved with in the market.
Being in the market is something exciting. Taking a look at the positive side of things helps when really you’re just masking the negatives, like a Reverse Split. I remember in the first year of being in the market, a few of the stocks I had picked went through a reverse split. I know monetarily not too much changes in the value, but it does make that stock price look different, causing you to have to average down, or wait for the impossible to happen.
So, I am taking this news as if I have encountered a Reverse Split, a Stock Split, or an IPO for the first time, and learn from it. Knowledge is our biggest asset in the game of the market, and we need to equip ourselves with an arsenal of knowledge.
Looking into what options someone has when a company they own go private, and it seems the most sensible thing to do is to sell at the price negotiated during the take private deal.
You can choose to hold onto your shares, although once the stock is delisted, you can no longer sell or buy shares. I am not sure the value in holding onto these shares, unless something happens if the company goes public again, but that will take some research.
Do you own PARA? If you do, are you selling at a specific price? Or waiting to see what the deal might be.
I know nothing is fully confirmed and finalized, but that seems to have been the most serious sounding idea for the future of the company.
Where do you see PARA going?
Thrifty Investing 
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