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Consolidated Edison, Inc. Message Board

e21536 3 posts  |  Last Activity: Nov 2, 2015 6:49 PM Member since: Jul 15, 2002
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  • Reply to

    Anyone know?

    by odoink Nov 2, 2015 11:25 AM
    e21536 e21536 Nov 2, 2015 6:49 PM Flag

    I actually agree and bought some shares today. Have done the same with other takeovers - all other three were utilities and two of them have not closed out yet. looks like easy money especially for an investment in a retirement account as long as the takeover does not fall apart.

    My DYAX shares are in a taxable account and have owned DYAX since 2006 - very happy with the outcome.

  • Reply to

    Gild acquire

    by gabrielmellace1 Oct 16, 2015 11:43 AM
    e21536 e21536 Oct 16, 2015 4:19 PM Flag

    We should all watch the use of 10 billion loan proceeds very closely. In the second quarter of 2015 there was a use of funds of about 3.5 billion to buy back warrants. Very little noted in the quarterly 10Q about this transaction and who were the warrant holders. I sure hope there is not a transaction like the above in the third quarter.

  • e21536 e21536 Sep 18, 2015 11:28 AM Flag

    I sure hope they do not use the $ 10 billion to cash in on more warrants like they did at the end of the fourthe quarter.

    If they do I will finally sell my hoard of shares as that will signal to me the managements attitude towards its owners == stockholders.

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