hey you are a Biker, so what do you know? nothin'. a 3rd Grade education you have! you should have stayed in school, really. so tell me how a retirement acccount which sells stock in 2013, will pay taxes, bub. !
Sentiment: Strong Buy
TPG was the SELLER of the options. The buyers were unnamed counterparties. Selling puts is a bullish bet.
"On September 26, 2013, certain of the Reporting Persons entered into option contracts on an aggregate of 10,000,000 shares of Common Stock giving the counterparties to such contracts the right to sell such shares of Common Stock at a price of $6.00 with an expiration date of March 22, 2014.
If such option contacts are exercised by the counterparties, such Reporting Persons will purchase 10,000,000 shares of Common Stock at a price of $6.00 per share, increasing the Reporting Persons' beneficial ownership to 9.4% of the outstanding Common Stock."
This is the easiest money on the Street today. Gas is woefully underpriced, super-cold winter coming, and the asset base is a very provable $10 ++ in value with a better mgmt. team, which is coming together.
Buyout at 8 or more is a sure thing, IMO and is imminent. No more than a month from now this will be in dbl-digit range as the bidding intensifies.