I think Caledonia would have had to make a public filing soon after any change since they own more than 10%, but I'm not sure about that.
Z just filed a new 8-K announcing that it has entered into a timing agreement witht the FTC which extends by 30 days the waiting period required under HSR before they can close on the merger deal. While I'm no M&A expert, this can't be good news for Z. Obviously, Z would not have requested the extension because they want to close as fast as possible. It probably means that the FTC wants to take a long hard look at the second information request that Z submits.
13-F filings from Tiger, Caledonia and other large holders for Q3 will be interesting. I would not be surprised to see that they lightened up on the merger news in July. They would have to be greedy pigs not to have taken some money off the table at $160.
I am intrigued why this topic is not top of the Zillow / Trulia merger issues as the cost to shareholders will be substantial, and with so much largess the individuals concerned most probably won't hang around the merged company for long. One has to wonder was this all part of a long term strategy by the 6 major investors who controlled both companies when the RSU's were doled out so generously?
He sounds like one of those "guys" waiting around for the sex change operation that he can't afford. Extremely frustrated!!!
Everybody, take it easy on Joe. He obviously started investing years after the tech boom of the late '90's and the bubble burst of 2000. These types of postings were commonplace back then.
Sentiment: Strong Sell
And his spell check broken unless he really thinks that is how you spell course. He is already setting himself up for when the stock falls out from under him and blows right through his tight stops. Then he will say I was short! I was short! I made tons of money. Look at me. Look at me.
He claims 6% is nothing and at the exact same time brags non-stop about making 1/4 point trades. He's a joke. I have posts from weeks ago stating that I was having no problem borrowing thousands of shares to short but he keeps pulling the same #$%$ on me and claiming I am underwater. The only time I am underwater is when I jump off my new boat that Z helped pay for.
Actually the original document claimed cost "avoidances". This is much different. Cost saving can be proved in certain instances. Our costs were X. Now they are X-1. Cost avoidances are pure bs as who knows whether or not you really avoided future costs. Its like when people argue that the current Fed policies are not working and then advocates of the current policies say "well it would have been even worse if we were not printing so much money". Maybe....maybe not. Who knows?
Zillow CEO Spencer Rascoff has demonstrated Zero ability to control costs over the last 3 years and why should anyone believe him now? In the orginal merger document Zillow claimed $100M of cost synergies, and in the recent S4 they now claim $145M, and Trulia are claiming $175M of cost synergies.
These guys must be using the Zestimate Random Number Generator they use to compute Zestimates to develop their forward looking statements. Interesting that the Wall Street wonks haven't called out Rascoff on his usual hype & puffery. I am equally amazed the SEC doesn't investigate this type of nonsense and request some form of substantiation to the forecasts issued by Zebra Holdings.
Short interest just released.....increased marginally from 8.8 M to 9M shares. There you go Venturecap. The high water mark was 10.5M shares (April 30th) but the "float" has also increased from 25M to just under 29M shares.
Actually I never ever posted a message on a Yahoo message board until June 24th of this year. The original e-mail from Yahoo telling my ID was accepted is still in my in box. Once again you have no idea what you are talking about......June 24th you idiot......1st time.
See, every after-the-fact trader like you always "makes money" multiple times. We all believe you. You have been posting and active on this board since I started watching when it was in the 80's. The fact that you say you were shorting below $100 would indicate you are in under $100 as you were all saying how overpriced it was at that price. And, I'm betting you have been chasing it ever since.
You are being schooled by an un-educated idiot....what does that say about you?? If you have questions, use Google. It has all the answers. I'm not here to educate you.
you stole that line from Sean Connery in that Kevin Costner/Eliot Ness movie............"Untouchables"? While your at it......your "Caps lock" button seems to be stuck
Bloe actually sounds a little like Rascoff himself and his useless tweets and "haters gonna hate" teenager reply to Carl Quintanilla a couple of months ago. Hopefully Citron releases their latest "short thesis" they presented at the Value Investing Congress" a few weeks ago.
Wow, you girls have nothing to hang your hat on but semantics.
Do you often ask yourselves "why am I holding a knife at a gun fight"?
You can parse my posts all you want but the long and short of it is that I have been RIGHT. That's got to just kill you. And, what's really going to kill you is when I buy those Put options and make money during the time you think you can toot your own horns. That will be PRICELESS. And of coarse, I will post my buys REAL TIME.
Bloes and idiot, liar, no nothing blow hard incapable of cognitive thought and logic.
Yep-everything management says always comes true. They know best!!! That;'s why they keep dumping their own stock. haha. Can he really be this dumb?
Shmoes or whatever it calls itself is a no nothing joke and extremely dishonest. Always says things like the stock has "barely moved" when that is not the case. Accuses anyone who disagrees with him of being underwater when he has no idea what anyone's cost basis is. And now he is suggesting you read books and pay attention to big words. When I challenged him to a real debate on Z he mocked me for looking at books and using big words. Hypocrite, liar, but most of all just plain dumb. Look at its post about how we should just listen to management's rosy forecasts as they know everything. If that is the case, we should all be selling since CEO who "knows the most" has sold all his stock!