When the re-bid for PRGO is made, the stock price will reflect the offer cost. That should be a good entry point, if you really want to own MYL.
I don't see SDRL in bankruptcy, but their are safer driller with less to lose, ATW, smaller cap value, but looking very interesting as it approaches $19.50's. Haven't bought either...yet.
Being a holder of MYLN and PRGO, I had hopped you could acquire MYLN before the poison pill with PRGO could be used, you would have gotten rid of Coury and made MYLN shareholders much more secure knowing they were part of the TEVA organization. I realize acquiring Allergen is a better fit, and without the opposition you got from MYLN. Wish I owned Allergen!
21.11, THAT WAS a long time ago to go short. I just let half of my Aug 21/ 16 puts go for a triple and I only bought them two weeks ago. But Congratulations, if you had the nerve to hold 21.11 short, this long.
Boon Pickens claims $70, in nine month's but, that's down from his pervious prediction of $90. When hasn't The Boob, not been calling for $100/ barrel crude. He also says that Iran will only pump about 40,000 barrel/day, watch and see what the Persians Really dump on the market in Sep.
In Pa. were still paying 2.90+ and WTI is now at 47 and change/barrel. brent close to 55, and RIG about to go below 13.
Over 55 rigs of line in the Gulf, that's on expensive parking lot.
dog 17 -open Your eyes, their are presently nearly 200 world corporations waiting to invest in, and do business with the Iranians. The U.K. France, India, China, Russia, all of Europe etc. After 35 years of sanctions. If the U.S. and a handful of small country's fail to get in on the ground floor, the rest of the world will profit with their business alliances with the Persians. "Rule of Economics -Nations that trade together, stay together". The U.S. stands to loss lot, and gain nothing, if they pass up this opportunity to make an old foe, into a new trade partner. As for Iran's nuclear weapons program, Israel has had hundreds or thousands of it's U.S. made rockets and missiles, many with nuclear capacity; aimed at it's Mid Eastern adversaries for over three decade, and is continually threatening preemptive attacks on Iran, I've never heard any sanctions imposed on Israel, why? Because the U.S wouldn't observe them. Now, if the U.S. alone continues sanctions, the rest of the business world will not observe them. When does the little Israeli Tail, stop wagging the U.S. big dog.