September 2013 I entered VOD as a longer trade. The six months gave me an appreciation for a sensible company with growth prospects in a changing world. I used to be a Run N Gun trader. Looking back at old statements and looking at what's happening today with the same names- I realized I was shortchanging myself. Yes, I will add on weakness. I even retained VZ when considering their plan to erase massive debt. Will retain VOD as long as it makes sense, even if T doesn't come knocking.
For one thing overhead resistance: a lot of non-"Warren Buffets", scared as heck and looking to get out, when the opportunity presents itself. I didn't get a chance to watch the tape. Good you noticing the block trades. Falling downhill is easier than going up. I thought the response today was a positive sign. It could have been a throw in the towel session. Feel we have some work to do sub-35- although I'll accept gifts upward. Yesterday we witnessed a puke session and lucky no follow through today. I refuse to play blame games, when Putin suggested let's play.
Remarkable company....that Google! Picture this: An important meeting- anticipation builds- some are joining by Gmail, as the news reports, "Google has once again announced a Gmail outage. Service should be restored within hours." Can't win them all. (At least your 5 GOOG shares didn't plunge.)
As the S&P hit new high today, PLCM was the recipient of a powerful volume move. The 500 is undecided which way it wants to move next. Not far away from a 52-week High it will be interesting to see if Polycom goes it alone or sticks with the crowd. It was good to see the support today.
In my day if you were in the market....stocks like Intel, ITWO Technologies and Sun Microsystems would have given you an education. It looked more reasonable then because stock splits were in fashion....split after split after split. More shares- lesser share price: Know What? Those damn stocks went UP! Go figure.
You don't look so obvious, but the TSLA short does. Looks easy like a no- brainer. There's a big gap to fill. Sometimes, those gaps are left in the dust for posterity- never to be seen again by a long term chart. i don't blame you for shorting: buy, sell, long & short makes a market. If logic prevailed- you wouldn't be in this market. My sub-100 share interest in TSLA feels very comfortable. If i were shorting, I wouldn't be so confident. Because the money you're waylaying for the big short payday is wasted- if the S&P closes above 1860 and the next leg is "game on!" More sense, for your play- if you constructed an option strategy with less outlay for covering. If the market made so much sense: Amazon couldn't have schmoozed it for so long with its strategy. Hey! Sounds like Tesla will create 6500 jobs- unlike the Wall Street doughboys that are cutting jobs- and Wall Street likes it. Future value is funny. I've seen 1987 & recession after recession. If long or short were so obvious- we wouldn't be having this conversation. Good luck to you in your endeavors.
The worst shorting candidate is the one that looks so obvious. Only Superman has the rep to reverse the direction of a speeding freight train. Yes, I was expecting a pop this week. Never hurts when an analyst doubles his price target. A while back Wall Street was suggesting a return to $80- never happened. The General Market is currently cooperating with TSLA. It never hurts to trim a position from time to time, but never throw the baby out with the bath water. Greed goes both ways: a give away is when a person pooh-poohs a 2-3% gain (currently 4%). TSLA can stand a breather until the conductor bellows out, "All Aboard!"...again. He made that call not long ago, if anyone were listening. Robert Kennedy reminded us that, "Twenty percent of the people are against everything all the time."
Nice job, James! Analysts could stand some tutoring from you. Yes, Tesla is cutting edge in all respects, except one- a leadership vacuum. There is no better soft sell than Elon Musk. Replacing him? I don't even want to think about it. A point man eventually needs to distribute the ball. Musk was asked if he would consider being one of the first passengers on a SpaceX mission to Mars. He replied...only if he had identified a capable leader for TSLA, if anything went wrong. Apple went into mourning, when Steve Jobs passed. AAPL, the patient, has never recovered. With any similar event there will be no need for cheerleaders. A hush will sweep over the raucous fans in the stands.
Only bought last September. Cashed out during the recent 6% bear trap at a 11% IRA gain.. Bought again and have more shares than before. The cash and VZ shares are similar to unlocking value for me- not tied up. I will still own as much of what's left of the company as before. Europe, India, Middle East and Africa will grow in time. Bundling of communication products is starting in Europe. It's a done deal in the USA. I'm am not counting on it- but maybe lightning will strike with a takeout. If it were a USA company: one in 10 chance of any type of a return of value. Most will pocket it all. And, as acquisitions are made- VOD's not asking me for a contribution. Any time a company hands me money- I make money because it doesn't sit too long in money market.
Less shares plus return of value. However, the consolidation of shares allows the price per share to be fairly similar on the first day of trading after consolidation- as before. A case of the sum of all of the parts: new shares times price, plus cash returned, plus Verizon shares. That is why the CEO disbanded the DRIP just in this instance- so shareholders could easily decipher the deal.
Wes, see page 7; #3 under Principal terms of the VZW Transaction in the circular. I'm glad I didn't have to write it. We're all earning our stripes throughout this deal. Colao is one tough negotiator. I've never been around a company like this that takes care of shareholders.
I think the collar comes into play. Lower share price is good, but not too low. I was under the assumption if VZ traded lower than 47 at calculation time, VOD shareholder VZ shares would figure at 47. Maybe, I misunderstand the purpose of the $47-$51 collar.