Either an adjustment or a buyout...I can't see them suspending it totally, but it is a possibility that could have dire consequences.
More consolidation is coming!!! Its a ploy to get the big boys fishing!!! As far as the DIV is concerned it will stay in tack, but it will be lower and somebody elses!!!
I agree, if I trade TVIX I always have my finger on the trigger. The good sign is more and more people are realizing the reality of our market. Even the down days are not as bad as they used to be, yet I think its still an 85/15 chance that TVIX goes insolvent. I guess I am just used to pain and lottery tickets!!!
Will it be called Haliburton's Bakery??? Nah!!!...Just like the reality of this deal!!!...I do not think it will ever happen, but I do think it will make a bunch of people rich and it won't be from people playing Baker Hughes long!!!
Are the Miners even putting up a fight. This is manipulation at its finest!!! Anyone with a Brain knows there is no real deflation, and that inflation is alive and well. Are the Miner's going to let themselves go Bankrupt without a fight. I am not sure what they can do, but its obvious that they are playing the fall without much of a struggle. If only the larger mines survive...GOLD and SILVER will definitely reverse its path...BUT WHEN?
You do not even know where your at. Its BHI's board Einstein.
Its so obvious that Inverse Funds, Precious Metals Mining companies, and now Oil services are being manipulated to a degree that could bankrupt many of these companies. Most of the Inverse and Mining companies are down almost 90%...As far as Oil /Gas services it could bankrupt many companies and at least force them into consolidation. Its getting really pathetic!!!
This is far from a done deal. It could be a ploy by big boys to make a ton of $$$ buying HAL long when it dropped and shorting BHI when it popped, which was also recently downgraded. Its probably another temporary deal to scam shareholders!!! You never know post 2008!!! If the deal doesn#$%$ go through, they need to investigate the JACKS that drummed it up. This market rarely convicts people of insider trading, front running, and other illegal and ethical activities.
I figured it up by share count $432.6 million shares outstanding divided by the offer of $34.7 billion and its comes out to $80.21, but I do not know the exact amount. They probably have director shares that throw that basic figure off. All I know is there is too big a gap to get too excited that this thing is a done deal. Plus it was downgraded recently.
Inverse Funds, Notes, and Mining Companies are being destroyed with this false QE driven market. They are so actuate in there steady downward movement they almost look like they are all fixed to ultimately go to insolvency even without QE money. Many Mining companies are over 90% down , and running on fumes. Everyone knows there is inflation, but with QE and reporting that there is deflation is a sure fire method in destroying these types of investments. I have never seen as much massive ethical and fraudulent activity as I've seen since 2008. Good Luck Everyone!!!
Does anyone know if TVIX (short side) is backed by any large hedge funds. It looks like its the same flow of trading before QE ended. I really wonder if they ended QE or is just calling it something different and keeping it on the down low!!!