Because as a 13D holder, he is required to report all transactions within 2 days via an SEC filing.
His filing or lack of filling will speak for him.
His percentage ownership in the company goes up every time the company buys back its own shares.
It would be more believable if you told us you were going short when the stock was trading at $62.
As it is now, this is hardly credible.
The global supply of ZMAPP is apparently completely exhausted and the maker says it will take months to produce even a small stock if it.
That's probably the reason for the FDA's announcement today.
--Yeah, I know Federal Signal. I forget who bought them out a while back. I'm
sure Wikipedia will tell me if I ask. I didn't know they were in an area such as this.
Well, I am sure they already have a revolver of some kind. Still, holding cash for a company with this kind of record is not a bad idea in my opinion.
Chartman says we can go all the way back to $2.20 on this move of the highs.
The $2.20 level is where the stock ran into upside resistance back in Jan/Feb/March.
People who sold there and regret it may be interested in getting back in at that level.
What is "a larger mass notification company?"
Holding cash is a necessity for a tiny company like this.
They do not have strong access to capital because they are not consistently profitable.
It is a business insurance policy with minimal cost.
The pullback in MRO probably was in sympathy with the pullback in CLR from that company's Investor Day on Thursday(?).
Analysts had some negative takeawys relative to the maturation of the Bakken.
The only thing you haven't done is tax a tax deduction or shelter a capital gain. LOL
it is not about the rates becoming equal, it is about the stability of the differential between the stock's yield and the yield on the treasury bond.
Generally, when you see this kind of move, you have to look at both NNN and O.
Both of them were down similarly today.
It is all about interest rates and investor herd mentality.
if you join Seeking Alpha, you can read the transcript.
Also, the entire conference call can be listened to on the web site.
They focused on improvement in corporate governance, achieving cost synergies with Cole, and said they
are likely to borrow $1 billion in the bond market before the end of the year. Also, that they have alot of inquiries from people who want to buy some of the Lobster leases and they are likely to sell some down at a good profit by the end of the year about $200-$300 million worth of it.
Also, they reiterated the $3.1 billion capital raising target at Cole capital even though they are quite far behind on achieving that.
Also, that dividends in the future are likely to grow more slowly than earnings in order invest in growth.
Yes, there are 10 analyst estimates on Bloomberg averaging $1.60.
The High/Low range of the estimates is $1.50 to $1.71. The mean and median estimate is $1.60.
15 months ago, that estimate was around $3.20 per share.