it depends on whether your trading it short term or long term.at the current village share price and conversion ratio of 47.72 ,you will receive 88.75cents per simmer share instead of the 105 cents.when the village shares start trading i think a lot of guys are going to try and liquidate their positions and at current bids no one seems too eager to buy,so you will probably have to exit at a lower price than now.so short term maybe buy simmers and hope you can exit at a decent price. long term ,with the fact that a lot of guys might be trying to exit their positions after the conversion,you might pick up village at a low price. just i thought,i was going to trade it but cancelled my bid,because it might not be worth it.