I find your analysis to be spot on and would respect your thoughts on REITS you feel ARE good long-term investments? Thank you.
Lots of cash and he is #$%$ it away on his own pet projects. Buys stock in Aralez and pays more than twice where it is today. Lots of other deals that don't make sense (except to him.) Terrible. Anyone who buys this needs to have their heads examined. It has been a "value trap" since it was $4. This is a good lesson in why looking at cash on a balance sheet as making a stock a "bargain" is a bad idea, since the management can just do what they want and "poof" the cash is gone. ALL OF THE ABOVE IS MY OPINION
Medimmune/Astra Zeneca...more big bucks melting away on this one.
Is that because DDAY is such a huge factor ; ) What a crock. Run, fast ..these companies are Sillerman's last stand and it looks like he is not winning. MY OPINION
If you go back you will see that the company itself announced that there was a good chance that a restructuring was going to have to take place. You didn't have to be an insider to read the handwriting on the wall. Whenever the words "restructuring" are used for a company you own...run...run FAST.
ZERO. Chance is minimal as all other creditors need to come out with 100% before shareholders get one penny and looking at where the debt is trading, that is not going to happen. Take your $.15 and run.
NSR bought a completely different division. What EVOL has now is quite complementary to their services and also brings many new emerging-market customers. They could buy it for cash and it would be immediately accretive since their cash earns ZERO.
You don't understand what is happening. You say " and the presiding judge wants a committee for shareholders now." That is NOT TRUE...the presiding judge is (as he must do) holding a hearing about an equity committee. This happens in every BK and is just administrative. It is NOT that he WANTS a committee. You are trying to con people to hype up the price of the stock so you can get rid of your bagholding position.
The street smells arrogant Ackman blood and will push hard on VRX (down), HLF (up) and his investors will want their money as he is destroying value rapidly through his ego-driven plays. Watch out if you are a holder of Restaurant Brands...that could be his next "piggy-bank" trade.
All of the above is my opinion based on what I have read.
He held 41mm shares at year end and his BOD member will leave on May 12...and the sharks are attacking as they see his blood in the water. Watch out below!
Not sure who you are talking to, but since you are reading this board, please know that there were some late changes made to the Joint Plan of Reorganization, but none of those changes will have any impact on the current common stock, which will be cancelled when the judge confirms. Was supposed to be Friday, but was carried over to Saturday (although that gave all a chance for another fine dinner at Cotton!!). Could be any day coming up, but you can be 100% sure that when the judge bangs the gavel the common stock will be best used for wallpaper (probably in your bathroom!).
They already "went under", just waiting for the confirmations. Current common shareholders will not get one penny, but most don't have a clue about Chapter 11.
Sometime after 10 AM and before 4 PM on Thursday, the Judge will bang his gavel and this stock will no longer exist and those holding it will get NOTHING in return (see below for a direct statement from the plan of reorganization.)
5.9 Class 6: GT Inc. Equity Interests
(a) Classification: Class 6 shall consist of the GT Inc. Equity Interests.
(b) Treatment: On the Effective Date, all GT Inc. Equity Interests shall be extinguished, cancelled, and discharged, and the holders of any GT Inc. Equity Interests shall not be entitled to, and shall not receive or retain, any property or Distribution on account of such Equity Interests under the Plan.
(c) Impairment and Voting: Class 6 is Impaired by the Plan. Each holder of the GT Inc. Equity Interests is deemed to reject the Plan and is not entitled to vote to accept or reject the Plan.
OR, perhaps watch it go back to trading for a quarter, like it did for an entire month about 7 years ago. They get the tailwinds of Consumer Reports ratings and totally blow it. Management has lost all credibility and this one will not bounce back fast as all of the investors are now in a "show me" mode and that means a year or more before they begin to get longer-term investors back. That all assumes that the 50 stores they open this year don't flop and that they can deliver on the flat Q1 they promised on the CC.
That could make sense; however I am looking at the June 17 $5 put and there are now 1454 open interest (145,400 shares) so more puts have been sold/bought. I don't know what the regs would be if the transaction was between Singer and Dupper (one insider selling another the right to put shares to a BOD member at 10% under the market at the time)??
Savant almost certainly will not move ahead with the "troubled" company and the people who bought stock in the private placement will try and get the company funds frozen via injunction so they can get their money back.
Politicans will not stand in the way of the "disruptive" forces like Uber, Airbnd etc.
New York City Taxi Medallions will certainly take another drop in value with this added wrinkle.
Yes, the SEC is on it...see "In the Matter of Corporate Resource Services, Inc." Some will be wearing striped suits before this is over (without ties and wingtips!)