from news .which see "As previously announced, Apple Hospitality’s Board of Directors has authorized a share repurchase program of up to $500 million of its common shares following the completion of the Tender Offer. The Company anticipates the program to be effective on July 8, 2015. The timing of share repurchases and the number of common shares to be repurchased under the program will depend upon prevailing market conditions, operating results, investment options and other factors. The plan does not obligate the Company to repurchase any specific number of shares and may be suspended at any time at its discretion." As stated authorizes at the co discrection doesn't mean they must or will !
Wasn't that 500 Mil buy only for the purpose of if there was an over subscription for the tender offer. Means they aren't obligated to do it. Confusion any clarification anyone!
Amazing you read the news and it's everytime there is any positive you will also see another "Worst revenue in 5 years" or some such I think the tell was the other day when the mkt was selling of (Greeks) and we held at 50 or just below with volume. Why I didn't jump on the puts but I am also long. Up we go GTAll
28 raids is what they were doing every our on the hour during the Iraq war and more. This is just isolated political cover. It's not truly effective but they do have to fight their own battles true enough!
Stock goes up stock goes down like every other stock since the beginning of time. You want to trade it do Iron condors Or butterflys
sorry i thought by your msg you were complaining about the div and not being sarcastic Love it !
Why is it greedy to want a dividend. This is investing and or speculating ! The last thing it is, is "Altruistic cheer leading" for any stock! Feel free to donate your dividend to charity.
I missed something but what does this have to do with TSO pls ?
unless you tender for a min of 19 and then your loss is less but still a loss based on current mkt value. If you use the cost basis Lerner used on their stmts which was closer to 11 than 10.50 despite the special 9 dividend then you would need to closer to 21-22 to get even. The special dividend comes no where close enough to make up for the haircut in apple 8 (.85) and the price of APPLE 7 which was mostly 11 unless you got the whole amount for the 10.50 early buy in. I am using 10.50 only because I took quite a bit of distributions but that shoulnd't matter as this was sold like a "bond" which gets called at par. At 10.50 I need 21 to be even as per dollar value no matter what anyone says 21 is my no. At the current price I am losing principle PERIOD! IF you take into consideration the cut in the dividend from .68 per pre split shrs to .60 , then you have another consideration going forward, albeit it's a good dividend ,but will it stay that way and for how long.
The 1 million shrs a day that are trading are half buys and half sells it's trade not all buys . The bid price is what's important ie more pressure to buy both bid and ask price move up etc. remains to be seen how this trades after the tender is over .
Why do you feel it necessary to post something that is readily avail on the net for all to read? We all can get that same news and if any investor is worth his salt and does his DD we do not need you to post here. GL to you and all who either are long or short the stock as it is a game of making money on either side, but cheer leading or bashing from an emotional pt is not investing or even speculating. My only beef is anyone who is so inclined is also so inclined in all facets of life and are the ones who
"Just don't want this to happens to anyone" aka all the lawsuits etc
why would you come to msg board for investing advice . Get some professional publications Barron's Value line etc. and go from there this board is for fools and fun as you can see!
?? Maybe MIght be some China announcement re all the silly stuff as of late smoking bans corruption etc.