that's near 10% divy @ current price. ....Lofty although they did have a few record deals.
I am more interested in the PJT spin-off
A deal will go through, they might need to structure it differently....Break up a few assets here, they are smart guys and will get around it.
The rise on Friday and now the dip perfectly resting on the support level again. If we did not rally Friday it would have sliced right through today. As if something or someone knew that a decline would happen Monday so the price rose to even things out.
I get this strategy but IMO just buying the dips is much easier......some factors can certainly mess this strategy up
An actual PR from the company would be set it off. Like GE disposing its financial unit shares ROCKED! .....the cash could be used to pick up other depressed assets
relax...if a 10-15% move phases you....well then you should not be in the stock market. Buying stock is soo easy you can never lose if you keep adding. Options is where you need to panic when you see that move happen.
I was thinking about buying in the 4.8s but I thought let it play out during the trading day to see where it lands. Then I look again and over 5....go figure.
The thing is, the reason for the miss was HORRIBLE oil prices. Now that we are in the 60s we should be making some $$ due to cost cutting as well.
spreads are wide still, I would imagine we will get consolidation soon. Makes sense to do it now before the interest hike or companies got to pay up
Yeah it is tough, but honestly we want down days (as long as you have dry powder). and you buy...ride out the storm so when the sun comes out its all good! enjoy