It doesn't for WNR (however it royally sucks for NTI). It's just that WNR is bad company and its performance shows that particularly versus its peers, eg, VLO.
It wasn't the proposed deal that caused the 50% haircut. Most if not all analysts maintained that WNR would be getting a steal. It simply is WNR's poor performance and lack of confidence in their management. For the benefit of NTI shareholders, I strongly hope this deal does not go through. VOTE NO!!!
You may be right, but there is not much risk holding here and I want to vote NO and hope all the NTI stock holders who are not part of this corrupt scam do so also. If the theft goes though, I will reevaluate at that time if I want to own Wiener (likely not for reasons I have already stated).
What is going to make this stock go up? Its manangement? Its stock performance versus its peers? It's horrible earnings performance and lousy future (negative) earnings projections? Its been more like an brick thrown into the ocean - it only goes downll
Agree. Don't know how somebody can continue to hold shorts with 12% dividend yield, the stock going up, and 8% margin interest.
WNR has dramatically underperformed the other stocks in the industry and is run by thieves, ie, the proposed NTI acquisition which I very much hope does not happen. WNR has a PEG per Yahoo of negative 1.32. Yuck!!
The company suffers from very bad management and its stock has severely underperformed its peers. It has a terrible PEG of -1.38. The price it's at is what the market says its worth.
It sounds like you are a Hickman relative and/or a short. Have fun watching the uptrend and paying the dividends.
It's so clear you are not who you say you are. There is no logical reason anybody, let alone a 20 year old college student, would spend this much time on a stock he has so much doubt about. You are either Hickman, a Hickman relative, an existing short, or a paid troll. Go away!