What's much more sad is that you are posting about that guy's profit/loss instead of posting YOUR trades on OLED. C'mon waterboy step up to the plate...
Hmmm... looks like he actually bought 200K shares - 100K on Aug 27 and another 100K on Aug 28.
SEC Form 4
Aug 28 16:30:41
Aug 28 2015
SSTK Oringer Jonathan CEO, 10% Owner 100,000 Purchase at $34.02 $3,402,000 16,256,327 direct
Aug 27 16:31:21
Aug 27 2015
SSTK Oringer Jonathan CEO, 10% Owner 100,000 Purchase at $32.56 $3,256,000 16,156,327 direc
Did you maybe get caught with a bag of pricey ARIA shares on buyout speculation? PS: A buyout of ARIA would likely not be big enough a deal to stop SHPG from its potential move on BXLT.
Several stocks I follow had similar fire sale prices on the open Monday. I think the only way you can ever hope to get an order filled at such a deep discount price is to put in a GTC limit order for stocks you want to add to, with a buy price based on what you think would be a stop limit from the chart T/A in the event of a market panic crash.
I can only assume that WY is buying back shares at the current depressed prices. A $500M buyback was recently approved by the BOD.
@FEDERAL WAY, Wash., Aug. 27, 2015 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a dividend on the company's common shares of $0.31 per share, reflecting a 6.9 percent increase from the prior quarterly dividend of $0.29 per share. With this increase, the company has grown its dividend by 107 percent since 2011. Additionally, the board has authorized a new share repurchase program of up to $500 million of the company's common shares. The new repurchase program commences upon completion of the existing $700 million share repurchase program authorized in 2014. As of June 30, 2015, the company had repurchased $610 million, or 87 percent, of its $700 million authorization.
Danger zones impacting production but presently no fires on WY properties
@Worst wild fire season on record threatens Weyerhaeuser's productivity Aug 26, 2015, 8:05am PDT Updated Aug 28, 2015, 5:44pm PDT As wild fires rage throughout Washington and Oregon, Washington’s largest forest products company is struggling to maintain production. Federal Way-based Weyerhaeuser Co. (NYSE: WY) is one of the world’s largest private owners of timberlands, owning or controlling nearly 7 million acres. Nearly 2.7 million of those acres are in Washington and Oregon. Some of its tall timber was burning as part of the Chiwaukum Creek Fire near the Okanogan/Wenatchee National Forest. Though, Weyerhaeuser spokesman Anthony Chavez says that no fires are currently burning on Weyerhaeuser properties. Other areas, because of high fire dangers, are off limits for logging. During Weyerhaeuser’s July earnings call, company executives said that most of the company's acreage is under some level of fire restriction and said that the outlook for the company’s third quarter earnings from its timberlands segment would suffer due to lower harvest volumes as a result of the prolonged fire season.
In USA, trade cases were filed over the summer by US steelmakers. A positive ruling could slam the door shut on steel imports. Not likely to affect MTL directly since they export primarily into the EU, but China could redirect products blocked from US markets to the EU in competition to MTL. Of course, EU steelmakers are also filing trade cases.
@We added U.S. Steel to the U.S. Analyst Focus List at Overweight as we think the pending steel trade cases could act as positive near-term catalysts to more than offset the headwind of a strong U.S. dollar. Several domestic steel producers, including U.S. Steel, recently filed trade cases targeting unfairly traded hot-rolled sheet, cold-rolled sheet, and corrosion-resistant steel. These pending trade cases cover nearly all carbon sheet products and a significant percentage of the U.S. sheet market supply
What a ridiculous name. IPO within the next 12 months.
@@“Today, Wolfspeed is providing our customers and our team with a first look at our new company’s name, brand identity and purpose in advance of our IPO, which we plan to execute during fiscal year 2016,” said Frank Plastina, chief executive officer, Wolfspeed. “We’re building something new on the firm foundation that is Cree,” Plastina added, “and we want to share our vision, plans and enthusiasm with all of our stakeholders as we move seamlessly through the transition.”
Hold on a minute there skippy... sure Canada's GDP is only ~10% the size of USA's, but it is USA's largest trading partner - #1 for USA exports to there and #2 for imports from there. That's NOT insignificant.
Hmm... looks like AGA may not be a done deal just yet. A copycat move by competitors shows just how good MIDD's strategy is.
@09/01/2015 | 07:15am US/Eastern LONDON Whirlpool Corp. has approached AGA Rangemaster Group PLC, the iconic British maker of cast-iron ovens, over a possible cash bid, turning up the heat on Middleby Corp., which agreed in July to buy AGA for £ 129 million ($198 million.) AGA said any deal with Whirlpool would be subject to a number of conditions, and has granted Whirlpool due diligence access. It cautioned there is no certainty a deal will be struck. AGA said it would continue to proceed with the Middleby deal, and recommends shareholders vote in favor of it at a meeting on Sept. 8. AGA and Middleby agreed to an 185-pence-a-share offer on July 15. AGA shares midday in London were trading up 17.50 pence, or 9.55% higher, at 200.75 pence,
Why is it that Bloomberg reports that the Japanese planemaker is a competitive threat even as its new RJ has seen repeated delays and entry into service is now estimated for 2017 a full year later than BBD-B's CS plane? It appears delays don't matter for Mistubishi, but in the case of BBD similar delays were viewed as a disaster that threatens the success of the CS planes. Bloomberg spin at its finest...
@Mitsubishi Aircraft Corp. is aiming to change that with Japan’s first new passenger plane in more than four decades -- and its first passenger jet ever. The Mitsubishi Regional Jet will make its debut flight in the second half of October, for about an hour, the Nagoya-based company said in a statement Monday. “This battle is going to get nasty,” Addison Schonland, a Baltimore-based partner at aviation consultant AirInsight, said in a telephone interview Monday. “Embraer and Bombardier are not going to give up the fight. We don’t know if there’s room for three players. The pie’s not getting bigger.” Delivery of the MRJ has been delayed three times, with the plane now set to be handed to ANA in 2017, almost four years late. The plane will come in 78- or 92-seat models, with the larger one set to debut first.
My impression was that each nation decides what sanctions to implement independently of other nations in the alliance. I can see how the EU countries would act together, but the USA and Canada appear to have leeway in choosing their target for sanctions.
You buy us VMW shareholders out if you want, NOT the other way around.
@NEW YORK (TheStreet) -- Shares of VMware (VMW - Get Report) gained 2.1% to close at $79.15 Monday after the software virtualization company's CEO Pat Gelsinger said the company isn't interested in acquiring its parent company EMC (EMC). Gelsinger told Network World that the current "Federation structure" is the best option for customers of VMware and EMC, the companies themselves, and their employees. "Being bigger and more strategic as a whole is a more powerful position for the companies," the CEO said.
Why would the founder and CEO who owns ~40% (16M shares) of the company buy more shares?
@Jonathan Oringer (Insider Trades), CEO and 10% owner of Shutterstock Inc. (SSTK), bought 100,000 shares on Aug. 27. The average price per share was $32.56, for a total transaction amount of $3,256,000.