If this is like te last spins, It will be March before the brokers have the correct basis for the shares. We had to wait until march for the final corrected 1099 from Fidelity.
Still 11% below the spin price... New Media and NRZ have been the spin leaders. This dividend increase has "baked" in the specials. So an increase in forecasted dividends should move the share price accordingly to maintain the Dividend % @ ~10.5%
No, it looks like spam or another basher... If you know anything about this board, all posts seem to get read. Honest questions are answered. But there is the tendancy to strike first at questionable ones.
Personally, only adding on the dips... especially when the event is dependant on a gov't timetable. No possible way to predict it happening.
I'll throw an answer out there:
There are still 60+M short shares out there. at some point they will have to cover. Good chance there will be more attempts to bring this into the ~2.50 range.
Not worth trading in and out of unless they are dedicated scalping shares and you trade around your core position.
At least a decent trading pattern has emerged in this. If indeed barrons has decided to quit publishing his extreemly over done "opinions" every 2 weeks, then Jay needed a new outlet. The Model the author of the article published was so skewed as to be ridiculous. Likely there is a connection...
Pretty much, and as long as there is no company inside information is contained, it is 100% legal. Ethics are a whole different ballgame... There is difinately an axe to grind at play here.
It really proves the point of the article.... But, not to say this was the recent driver... But down we go again. Whether we like it or not. That is the way it looks to be until positive confirmaion of a growth product hitting full stride. This is still a Y/e 2016 play here. should handily beat the market returns between now and then.
The "model" used is definitely questionable at best. You can change the sales by entering in a new growth %... For grins, try using 99% growth in 2015. A valid model should be able to handle that type of anomaly. As a spoiler, I'll tell you that with the parameters used to calculate the 6.20 price, with over 1.6B in sales for 2015 (99% growth) the model returns 10.09 fair value for the stock.....
They are strong right now. But remind me too much of HIMX in the March timeframe currently. Made some good trades from high 8's to mid 11's.