SO and GAS

I have 63 shares of GAS at a cost basis of $39.08 per share in my Traditional IRA (W) account. It’s very stable and has paid me $130 annually over the years. I have been very happy to have acquired GAS. The only regret was that I didn’t buy more when I bought it in Nov. 2012. I had bought another winner at that time, LO, and it treated me well as well with the RAI acquisition. SO is going to buy GAS and would pay $66 per GAS share. I will hang on to it and collect the dividend until I get the proceeds. Unless GAS‘s price shoots up more than $66 to $69, I don’t know why that will happen though, I’ll sell it. Chuck Carnevale wrote an excellent article regarding this deal.

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