More like a mostly stock w/some cash deal at $24-25/share. I doubt they will wait until Monday with other companies wanting to get into the mix
and DDD could be flat to up by the end of day when they put their buy orders in. Hope you guys hung on to your shares!! The stock was halted this morning most likely because of the news that the offering would be delayed until tomorrow when most people thought that it would be at the close today to match up with demand from S&P funds. No offering today meant higher share price since less supply(for today anyway)
Sold 2/3 of position at 44 after hours and will buy back on dip after offering. Good luck!
My mistake, you are right, my apologies, the fly on the wall had it wrong. it is the S&P 400 midcap Here's the news from the flyon the wall that I was referring to: "3D Systems to be added to S&P 600; Taleo deleted as of 4/5 close"
In any event, DDD will go into the index tomorrow at the close so expect what I wrote previously
I believe you don't know what the hell you're talking about! I repeat: Do a simple google search for "DDD added to S&P 600" and pay attention to the date-May 8th, which is TOMORROW. The only thing that matters is that the company had great earnings and outlook and that's all growth funds care about. S&P tracking funds MUST buy the stock when it gets added to the index so they don't care about EPS , P/E, BV,etc. etc. etc.
Supply will be met by demand tomorrow, that's all you need to know.
If you knew how spot secondary's worked, you wouldn't have wasted your time with that post. DDD is going to get added to the S&P 600 tomorrow(Do a google search for the news and date 5/8) and the index funds need to buy millions of shares of the stock. The secondary offering will take place TOMORROW at the close of trading so don't expect an offering price or whatever. This changes absolutely nothing and it happens all of the time.
It will be a 'spot secondary' and the offering price will be the closing price on the NYSE tomorrow. You will see the buy imbalance from the S&P 600 index tracking funds get matched up to the secondary offering. You won't even know it happened until you see a print of 5-6 million shares hit the tape at the close. NO BIG DEAL!
DDD could actually close up on the day tomorrow when it's added to the S&P 600 at the end of the trading day. The secondary supply will be met by even more solid demand. Sold off in after hours on very light volume, expect a rebound tomorrow
Buffett was selling his stake to the shorts scrambling to cover. Now less fuel for the unsustainable and overbought short covering rally currently taking place
Great pairs trade is to buy UA / short LULU This is a massive short squeeze at the moment
Study of previous studies didn't mention which energy drinks were involved, how much was consumed of each, and no mention of study involving impact of coffee on heart. Monster Energy Drink carries a warning label that it is “not recommended for children, pregnant women, or people sensitive to caffeine.”
In a recent research report, Morningstar also cites MNST's legal team and independent medical experts poked major holes in the lawsuit regarding the death of the 14 year old girl who died after consuming two Monster Energy drinks over a 24-hour period. Report said girl had severely defective heart enlarged by 60% above normal, and concluded that ""that there is no medical, scientific, or factual evidence to support the Maryland Medical Examiner's Report of 'caffeine toxicity' or that Fournier's consumption of two Monster energy drinks 24 hours apart contributed to, let alone was the cause of her untimely death."
To my knowledge, there has yet to be an actual case of Monster Energy causing a death of an individual
This is a selloff based on technicals but that could easily change by the end of the day given the big volatility in this stock. Again, look at the chart of ROVI to see what MAKO will do over the coming weeks/months. It may be hard for some to hang on with these huge swings but if you can stomach it you'll be rewarded.
Sentiment: Strong Buy
A move to the 14's would be in the cards if that were to happen tomorrow. For a similar chart pattern take a look at what ROVI, another highly shorted name, has done in the past few months. I expect MAKO to do the same with possibly a faster move since takeover potential is much greater here.
Sentiment: Strong Buy
5 inch screen is too large for a phone. Phone is made of plastic and has a cheap feel compared to other Samsung models. "Eye-swiping" gesture will be a big flop and there isn't much new with older models. On the other hand, Apple has several major upgrades it can still make on the Iphone which will fuel future upgrade cycles.
Everyone will be talking 700 or 800/share Apple again and CRUS will be back in the 40's. It really is that simple.
"The thing that we're primarily spending money on today from an energy point of view are power meters, LED lighting, motor control, some of these really new energy-related initiatives. And a lot of those don't have revenue associated with them. Certainly in LED, we're just in the infant stages of that market for us. Power meters has been there for a while, but there's a lot of -- the opportunity is still to come in the LED market. But that's where we're spending the money because we see that as a very exciting opportunity and has the potential to make a meaningful contribution to the overall company's revenue."
Sentiment: Strong Buy
That would be a windfall for CRUS as they could potentially double the volume of chips sold to Apple.
New customers would surely get the stock going as well.
Several analysts have mentioned that the lower priced Iphone will soon become reality, which is a huge positive for CRUS. The more new products they can get their chips into, the better, regardless of price point of the product. So even if lower priced Iphone could hurt Apple margins going forward, it will still have a net positive effect of CRUS.