Won't the lower stock price kill the mergers since the deal was in VNR stock or least end up in a serious dilution situation. Since the stock was around $16 when the deal was made and only 7 _+ now can't be business as usual. Something has to give. I suspect the LER and Rock shareholders may not be anxious now.
I don't understand if the production is hedged with higher than current prices than why the losses. I guess that's why folks say that if prices stay the same next year VNR is in deep do do.
I should not have ignored Goldman. I remember late last year I had bought 20 calls of Kohls at .55 1/19/2016. Zacks came out with a sell so I did and Kohls went to 76. Cost me $20,000 by being scared off. They were at 55 at the time. So I ignored Goldman. Big mistake. I am still holding. Too late to sell now.
I cant understand for the life of me why when oil goes down this stock gets clobbered. It is not a driller. and it's not affectd that much from the commodity swings so why the slaughter?
Where do you come up with this number "The value of the spinco went from 2.34 on Monday back to 3.32 today. " I have seen mentioned several times but don't have the sightest idea how it is derived. Would like to know.
I can't find anywhere that actually spells out in english what the shareholders of ATAS are to receive from the merger. I keep seeing the ratio of .18 of Targa Resouce shares for each ATLAS share plus cash. But how much is the cash per share. Targa is selling for $104 per share so 104 * .18 = 18.72 which is far less than what ATLAS share is today ($30). I also know that the unit holders of ATLS will receive the shares of the Energy Group. But what value is that when I keep hearing 1.25 per year in dividends. I don't know how the less than $2 for the spinco which I assume will be the Atlas Energy group shares. So as you can see I haven't been able to calculate what i am reading on the board. I just wish someone on this board who is knowledgeable with the transaction would fill in the blanks so i can better understand.
Tomorrow i was going to buy 1000 shares of ATLS and 600 shares of NGLS. i already have 1800 shares of APL and 380 of NGLS. I am anxious to try and get the most out of the transaction but apparently i don't understand the deal well enough..
I am lost. How do you figure spinco is under $2. the only thing I know is that ATLS is going to spin off non midstream assets which I assume that is what you are referring "spinco". So how is the less than $200 derived?
I haven't received anything in my account as well which i thought would be on the 22nd. Wonder what the problem is?
Why did NTLS crush and burn so bad over the last week or so? Down around 4.50 per share. Like 20%. i am thinking now good time to get back in. Any thoughts?