Ranger... shares are scarce.. I'm long yet your post seems unfounded. plenty of shares in the float for sale and another 90mm on the shelf to pour into the float... I mean NO disrespect. happy holidays
My gut is telling me they will release PARTNER news in the near future. My gut is bring driven by the recent cleaning up of the capitol table and the bringing in of a new CEO. My other point of enthusiasm is coming from the fact that ISIS sports a 7bb plus market cap and IDRA has new improved technology plus a staple of other ground breaking breakthroughs.
todays leg down is on low volume. X MAS week usually has tons of volatility as traders are gone for the week. The GILD sell off does play a factor. Yet, my hunch is we close above 4 . The fundamentals have not changed. just some shaking of the tree.
lots of stock go down after insider buys. just check our SFXE... Chairman bought over 16mm worth of shares.... above 4.20 .... happens all the time. just look at all the MLP's.
If the market tests resent lows then yes ! oil is getting decoupled right now from the other sectors . which is positive the other drivers that could take IDRA sub 4 could be bad results, offering , etc. their are no guarantee's. yet, you know that... this is a risk trade so don't invest more then you can loose.
. its an inside day of consolidating the recent moves. a close above 4 is on will create a new base to start testing new highs. Watch the volume. Next week will bring some volatility as a lot of traders will be gone thus allowing for some big swings on lower volume. Regarding the fundamentals, things look good from a clinical and balance sheet perspective. I'm looking for a break above 5 within 30 days.
the bakers are not doing it. remember market makers control tons of shares that they can trade amongst accounts. yet, that's all tea leave stuff. this is a story stock that's going to really move on news. bottom line. best to own shares that your comfortable owning regardless of the daily tape and let it ride . perhaps with a stop below the 52 wk low. just in case we get a bad chapter...
I get the same feeling from the tape. being held back . its churning in a pretty tight range. the dips are being bought which you can see in the volume. Yet, profits are being taken. people are trading the channel right now and will do so until we breakout of this range. the baker boys buy the other day should put some floor on it. good news will pop this out of the channel and establish a new base. we're heading to 40 plus . patience will be rewarded. I have no problem cost averaging on the dips in the mid 33's. good luck and happy holidays
If the company spins off an entity as a separate going concern wouldn't that lower the dividend by not capturing the REV of that entity under the PSEC umbrella ? It seems like CO will create a new investment vehicle... Thanks
your analysis is legit. Debt is high no doubt. my concern is the euro economy and if patrons of these events make the disposal income to return year after year. Their glorified raves which seems to have crested in popularity. from a technical perspective the daily chart seems to be improving on the volume spikes from inside buys , yet the MACD and RSI still need work. I wouldn't fall in love here but if you want to park some risk capitol with a stop under 4 its not a terrible idea. The talk of a secondary is always scary yet I don't see it here in the near term. Listen you got 2 EX goldman guys running this CO. They know how to play the debt markets. which is a huge plus, regardless of the what you think of GS my humble 2 cents.
smart deal. .Motivates SFXE to get the share price up to avoid paying the delta in cash between the put strike and $5.56. also signals SFXE confidence in their model with the $7.50 right to buy option.Their must have had a good M&A shop papering it up.
in my humble opinion open market buys are a show of confidence. Yet as Lynch once said " insiders only buy for one reason , they think the stock is going up " Oakley rule , they have to hold for 6 months. 7mm is real money to anyone even a billionaire. which he is not ! anyway, just tea leaf banter. happy thanksgiving....
Nov 25 2014
Sfx Entertainment, Inc
Sillerman Robert F X
Purchase at $4.32