Blow Out Earnings, and date of spin off come Monday?
If this happens, this is a $90+ stock in the short term. Way above that in long term. Could announce many things come Monday. Increase in dividend? Stock Split? Investors have been very patient with this and it's time for us to be greatly rewarded for owning this great company. I look forward to massive growth in the future, both EPS and Stock appreciation. I hope Monday is as good as I think it's going to be, big sector rotation into Energy Stocks, and this has a great potential. Happy Friday Ya'll.
"IF" it happens??? It is a done deal commitment in Limbo because of fiscal issues. I want to hear how they will spin it off": there are tax implications if done one way and none if done the other way. This is going to happen ---not if or maybe. The divvy has also been commited to be raised. This may be on the side of one entity only or perhaps both--that's what to wait for. I want to know what the future options look like. i own 27 contracts for future calls and want toi know their future relative prices and what the premium I paid will look like in conversion.
Last year I participated in a spinoff at ABT to "ABT and ABBV"---worked out real well for me. The net dividends went up and the value of ABBV, the pharm/research arm, went way up . They are worth more as parts than as the whole.
I agree that n16 ain't too far off the mark and has history on her side. She's got issues but nevertheless she's right about past performance predicting future results.
I think you'll ultimately be right, captn. It just seems that today, NOV is being taken to the woodshed over what seems to be their presence in Russia and how sanctions would affect them. Typical stuff that happens post earnings and not a game changer by any stretch!