uptick is good. Shld Continue until yield gets to abt 5.60%. will enter Russell 2000 then we will see volume for a short period of time. Shld see $20 - $21 maybe higher. We could still be bought out. Blackstone Group ? Who knows?
It just doesnt make sense that they have beenin this stock for (8) eight years and they cant wait a couple of more months until this stock comes into its own. Unless they have no choice.
The dutch offer end 6/18 and the co will purch the stock at one price within 10 days Once the dutch auction is over the $500.000.000 repurchase kicks in. The $500.000.000 revolving debt has been. secured at an interest rate of abt 4.10%. If you arbitrage that we get about a 2.50% breakage. At that time also we will be entered in the Russel Index. which and that is when institutions will be obliged to buy aple into their portfolios.
its going to take about a month before we see Aple reach its stride. Be Patient!!!! Please dont ask how I know. The info is out there. Do your due diligence.
The shares would not have to be redeemed unless the heirs wanted them to be. If they were beneficiaries the account would be converted to their names. i.e. Two children 50 50 beneficiaries split into 2 separate accts.
boy are you wrong. If the shares go much below 19. they will cancel the dutch auction and buy them on the open mkt. They will cancel the Dutch Auction....
Ive been w/lerner 25 yrs You dont go back that far. By the way Manhattan. How do you come up with $17. I hope not because of the divvys they earned.Ive been with Apple REIT 7 since it began. Ive earned about 65% of my original investment back in divvys. Therfore my post reverse split cost would be $abt $9.00
Who in their right mind would tender their shares @$19 to $21 Keep in mind that once they buy the $200. Mill =10 mill shrs average price of $20. These shrs go back into the Co treasury and do not receive a divvy. The same thing when they institute the $500 mil by back.. Ya gotta THINK!!!!
Cramer says aple is good down to a divvy yield of 5.00%. this would put the stock price at $23.00 to $24.00.