I have always made money with BWP, knowing that the Tisch family is involved. I am just as greedy as they are and trade accordingly.
sounds good, but they will be hard pressed making $3.15 in 2014. Try using a number, like $2.80. Stock fully valued at $31. a share and with the headline risk will probably trade down into the upper twenties.
There is really no need for the corporate trappings of that which is FIO the company. The product should be a division or product line of a larger company. This way we would not have to pay the $350,000+ salary to the new guy from CSCO (as an example).
The price of the gas is not a positive or a negative for BWP. Still think it is L, owns 55% of the stock, who is selling. BWP was 31.60 a few weeks ago (down 21.8%). You don't see a big move like this in the stock without L being involved.
Since none of the reasons for the sell off make sense, I think it is L, which owns 55% of the stock, 'taking profits' to show earnings numbers for this quarter. They scare people and the stock goes lower and then they buy back in. Seen it before.
Not good that it sells off and no one is making money. The seller doesn't even care about the dividend. They just want out. Doesn't help when the company is so silent about this.
SA and MF are not analyst content. These people aree just like you and me. Please consider the source. For the most part, you are wasting your time reading this stuff.
I've made money trading it, but it is not a takeover candidate, until they make money. The more business they do, the more they lose. No BOD will consider taking over something like this, except if it was dirt cheap, like $3 or $4 a share.
It must be L selling stock. They have been at for four days now. It is down 6% today so this is not the regular ex dividend sell off.
I sld out on 10/22 @ 31.69 and this stock is down almost 20% on nothing since then. This down move is not your average move.