EX - you and I both got fried when DHL left. We both had bought a lot of shares in the 5 to 8 range before the share collapsed down to 16 cents. Not knowing why the stock was falling and the people were shorting it heavily before the announcement(this wasn't obvious until after the announcement) I bought even more as it fell until the announcement. Lost 100k very quickly. Eventually made it back - but it took a long time.
This will be floated by ETE or ETP. My guess is ETP. The convertible feature will keep the yield lower and by the time the conversion can be exercised the earnings of the new infrastructure will be able to support the additional shares. Other pipeline companies have done this and the market has accepted it very well.
30 dollar increase last year and now another 35 dollar increase this year and they take away HBO. 50% increase in 2 years. Researching cutting the cord. I already spend 70% of my time on Netflix and Amazon. Just need to get CNBC or a replacement. My son cut the cord 6 months ago and is quite happy. I hate when these companies get so greedy. Will love to see them go belly up. Will start to watch their stock with the idea of shorting it. All of my neighbors are upset about the price increases and will switch to another carrier after trying to cut the cord.