This is Mike's company and its named after him.These peons should be thankful and kissing his feet for offering what he has or the the valuation would still be in sungle digits.
There's nothing worse than a peon ingrate.
Is that you bashford?
$17 bid coming tonight... $17.. $17.. $17... yeah.. i think its going to be $17. Long 100 $14 may calls @0.43, long 100 $14 may puts... @0.35. Game on.
So Carl Icahn @ 13.65 per share and SouthEastern @ 16.88 per share are peons ?
The only thing the peon shareholders in dell should be saying to Mike is "THANK-YOU VERY MUCH".
Not the typical ingrate reply of "We want more".
haha. shorty...you're going to get burned
Pull the offer then. Do it. Pull the offer at $13.65... See what happens.
If Mike offered to give these peon shareholders a $20 special dividend instead the ingrates would be demanding a $30 special dividend.
No matter how much you give an unworthy peon shareholder he always wants more.