Good old bowl of brine soup just like on the roads in Minnesota. Salt kills people just like it does trees on the roadside and fish in the rivers. Why do you think those flying carp are trying to get out of the river?
I've been a long term shareholder and this has been dead money for a long time. Seems to me it's time to do a deal (HNZ figured it out!) Any thoughts?
Sentiment: Strong Buy
S&P Capitol IQ estimates 42% of Campbells stock is owned by Directors and Senior Management. Does anyone have any data on the percent of stock buybacks that were treasuried or retired vs. granted in stock options? This dimension is a real scam with many large companies these days, fueled by preferential tax rates given to long term capital gains vs. earned income. Companies plow their earnings into buybacks rather than dividends or investments, and gradually increase ownership by insiders over the stockholders. Investing 101 I know.
But I'm interested in how this 42% compares with other companies, and how the dynamic plays into acceptance of a takeover bid. Insider reluctance to give up a gravy-train, vs. someone finally coming in and generating shareholder value - either forcing the company private, or absorbing it into a more productive entity. Think Heinz.
this is from the movie TRADING PLACES . Dera you should watch it this weekend and you will get the joke... Lighten up enjoy the humor
Straddle worked like a champ last time...sold the puts after ER, held the calls until near expiration and made even more off the pop on the buyout rumors. I expect it to do the same here...this will see either 37 or 43 next week at a minimum.
You mean the last piece where I said: "My guess - the ER is bad again, or barely meets guidance with poor revs; stock sinks to 38, then rebounds back to the 41-43 range as people think a buyout is coming"
If you have some better incite with an acutal thought then feel free to provide it...I am waiting...
After playing a wonderfu straddle on the last ER and making a fortune on the immediate downside and holding the calls to catch the rebound, my forecast for 14 Feb:
Buy 41 strike Feb puts for the sink back to 38 or below.
Buy 43 strike Mar calls for the rebound or possibly buyout.
I assume the ER will be bad; but a surprise or a buyout announcement could spike it immediately and move the stock back higher. My guess - the ER is bad again, or barely meets guidance with poor revs; stock sinks to 38, then rebounds back to the 41-43 range as people think a buyout is coming.