Your appraisal demand would not be addressed before the merger effective date. More likely March or April at the earliest and seriously doubt you could get more than $31.
It's good to look back. I maintain a Yahoo! Finance portfolio consisting of the stocks I have sold at the price I sold to remind me not to be too quick - or too slow, depending on the case - on the trigger. Also serves as additional input on when to re-enter a position. As the saying goes, nobody ever went broke by taking profits.
Hmm. When was the last time we heard that prediction, and it didn't happen?
Brave hearted, you say? Best be real quick, too. Last time CSCO took a dive, the difference between the day's high and low was $0.56, $0.49 and $0.46 the first three days. The average for the next month was $0.31, with only one $0.46 outlier, and she closed lower than the previous day 57% of the time. Granted, this was in May 2012, when some may have been following the "Sell in May" mantra.
Reuters reported yesterday:
" U.S. refiners are expected to ship large volumes of jet fuel across the Atlantic starting in 2014 after the European Union scrapped an import duty on the product, opening a new battleground for the world's largest refineries, traders said.
U.S. Gulf refiners that have been pumping at record levels will offer stiff competition to established exporters to Europe from Asia and the Middle East, long exempt from a 4.7 percent duty due to a preferential trade status ...
The decision is largely expected to be approved by the year's end, an EU official said."
Google topic title for full text and VLO comments.
Google needs to work on that translation. A lot of traffic? Большое движение means "big move". LOL, um, I mean смеяться.
Industry knowledge, management's failure to deliver in Q3 and the rate of share price descent convinced me we can get to $4.95, so, yeah, it's just a guess. Not saying it's the bottom but the price at which I see risk and reward balanced.
Call the bottom if you can (most of us cannot). My target is $4.95. Wait for $3, and you might miss the buyout. $3 gas is forthcoming? Glad I filled up for $2.939 before the price increases.
A group at Credit Suisse still has a $119 price target, but I think they unwittingly combined the values of TSO and TLLP to get there.
Don't trust those guys. Where was Lang at $41? Time to buy was any point on the return trip from the bottom. He just wants new buyers to chase the price higher so he can unload over $55.
Ross's body language in that CNBC appearance was very telling: indicated he had bought much too early and is sitting on dead money. I am anxious to join him below $5. Come to me!
You answered your own question: Canada's system is not controlled by private insurers, and the US system was designed by private insurers' lobbyists. Word on the boob tube is that we eventually will have a single payer system when ACA rollout is completed and fails when too many cannot afford to purchase obligatory coverage, creating a larger population of uninsured than existed previously.