I'm not sure what you are implying... stock issuance timing and $ amount to fund transmission projects was indicated in their recent presentation.
Bought ITM LEAPS calls expiring Jan 2016. This is in addition to my core stock holding and some OTM Jan 2015 calls. It's a long way down to support at ~29 and that will be my next add if it gets there.
True in general, but stock do sometimes get OVERSOLD. I continue to believe tax-loss selling is a factor here.
Agree. I notice that 10 day SMA has now crossed back below the 50 day which is bearish. I am a bit surprised at this downturn. IO prices have held up strongly this year and I still believe a long position will pay off nicely in 2014.
You missed my point. Tobacco stocks are long-term (forever) holds so these fluctuations are just noise and not really worth noting. Now if there's a big move down like 5-10% that puts the stock below the 200 day SMA, then it's more interesting since it becomes a possible opportunity to add to your position. Anyway, good luck.
I can only assume this means they still have not completed all the required covenant negotiations, since the earnings report was already drawn up.
Embracing OpenStack hasn't been a disaster for IBM and HPQ. Why would doing so be one for ORCL?
Thing is they put this out a just a few days before earnings. I normally would have hedged on Monday with some puts, but now that just got more expensive to do.... pricks.
I would have believed it until you made that dumb comment about him caring more about sailing than the company. Don't get me wrong... I don't have a great deal of confidence in the firm's ability to convert to cloud, but I do think Ellison is trying hard to correct course.
So you went short today after the downgrade news?
Why do you think potential acquirers are not capable of assessing the potential adverse impacts related to asbestos liabilities? In conducting their due diligence, they will most certainly review FWLT's data on the issue. I don't see this a a show-stopper to any buyout deal.
From what I have seen in their recent annual report on the subject the impact has been extensively analyzed and appears to be well understood. Tobacco companies face huge levels of litigation too, yet there has been various sales of assets between different firms.
Do you think some of that money that's been tucked away in reserves is finally getting released into the real world?
@@@@Lending standards for jumbo loans are loosening for the first time in four or five years, says the president of luxury builder Toll Bros.' (TOL) in-house mortgage division. Don Salmon, president of Toll's TBI Mortgage Co., said in a post-earnings conference call Tuesday that lenders are lowering loan-to-value standards to a 10% down payment vs. 20% previously — policy that had been "dormant for four or five years."
Yup... certainly well-timed... earnings and monthly options expiry next week. And you can be sure the big boys have a plan here... we just won't know what it is until it's all over and done...