interesting afternoon. I has bought some hlss @ 16.25 thinking that a 10% return on my money would not be bad in 6 months from now. Now I will get a 5% return now. Much better than a loss but not what I had planned on. The real question is do I purchase more NRZ with the money?
I am confused about the discussion on rights offering? I have listened to the conference call and tried to follow the discussion board. However I am still confused. I can not find any dates of when this is happening? I do not understand the having to pay for the rights and where to send this and how much? Thanks in advance
Generally speaking this is the risk premium. If you look at BHI it is selling around 10% discount to the buyout from Hal. ODP is trading around a 12% to the buyout from staples. I have been buying BHI personally.
Might want to look at BHI. If you calculate it out you are buying shares in HAL @ a 10% discount after the merger. I too own sdrl and and don't know what to do with it........ Another stock that has treated me really well is HRL and MIDD.