IAC/InterActiveCorp Message Board
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Can I get a USAI warning !!!!! It will
happen.
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July 2, 2003!
- 1 Reply to rezadastmalchian
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He must be running out of money for his stock buyback. It looks like He had to hand over $400 Million to Vivendi for those warrants with the 432.5 and $37.5 strikes. We still have 32 MILLION SHARES IN WARRANTS WITH STRIKES OF $27.5 and $32.5 that might surface that were sold off by V back in february. The earlier reported buying up 700,000 to 900,000 thousand so it looks like he won't be able to buyup enough to stop the Liberty Media dilution he was talking about. I bet he thought he would get $20 shares and solve his problem, but now he must be eating through the $ Billion he had allocated.
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Most of the majors have set its target in the mid-40's. We'll see warnings around 44.
- 1 Reply to squeaky_charlie
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Where do you see that information? I show most majors set price targets at between $36-$38. I did see one that was at $40, but that was the highest I saw.
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You are correct, here's your warning:
DANGER DANGER Don't short USAI!!
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