Retrace guy, I didn't see your data point. Which one is it. Why drop? Selling puts is a bullish position. I hope to see it take a bit more off the top to get a good price for my puts.
Are you the same retrace guy for earlier? Way to hang in there. You'll be right one day. Are these the same numbers you used last time? Perhaps update your values.
Up sharply today. Are we headed back to 12? I would be OK with that. I see no specific catalyst other that it went down a bunch, and the earnings release, TBA, is coming soon.
Debt was 4.3 billion dollars at the end of 2013, down 0.5 billion dollars from 2012. Not as bad as you thought. Stay current.
More importantly, the post dividend drop is clearly over. People want the yield, which is currently at 11.6%. Buyers will be driving the yield down, and the price up. By the way, it might not be too late to sell Aug 1, 11.5 puts for about $0.30.
The contract has been signed. Drop out clauses in this kind of a deal are enormous. KOG cannot even listen to an other offer until this one falls trough. Had WLL announced an offer, there would be room for other offers. They did not do that. This deal is set until the share holder vote. Then come the regulators and the law firms. It will be a long time before a new offer is made. Then, who will want them?
Up over 100 percent from 2 years ago. It has been overpriced. Now it is looking for support for the current projected earnings level.
They won't track exactly, especially if the controlling stock moves suddenly. At his point, there is no chance of second bid.
Shorts don't have a call date. Options have an expiration date. Call date refers to bonds. It's the next date that the issuer can buy it back.
Had they announced an offer, there would be the chance for a second offer. They have signed an agreement. New offers cannot be considered until this deal falls through.
They will change names.
They will be adjusted according to the swap.
They will probably become non-standard options. Where 1 contract represents 17.7 shares.
There may be a lag between the day of the stock exchange and the day the options are updated.
They counted the votes before they made the deal. No one with understanding would vote against it.
Guidance revisions are only made if it becomes obvious that the current quarter's guidance is significantly off.
KOG earnings are not relevant. KOG will track with WLLL. The only relevant discussion regarding KOG would be: when an if the deal will go through.