Is ARII overbought?
After pullback, will advance continue?
How high can it go?
Anybody hear that ARII might increase capacity as CEO said they are maxed out?
Buffet's 5000 railcar orders apparently went to Trinity.
-Poor operating performance?
-Market for what they offer too small?
Please no replies from shorts like mary5.
From Seeking Alpha: "Synta Pharmaceuticals' president & CEO, Safi R. Bahcall, has resigned effective immediately. A newly formed executive committee will run the business until a successor is hired. The company discloses no reasons for Dr. Bahcall's departure. The firm has been an underperformer for more than a year. Shares are down 48% since last February. Mutual fund ownership has eroded from 176 to 133 over the past 4 quarters."
I got attacked by many investors last year for saying there would be no distribution resulting from BRY deal (which I voted against). They paid too much for BRY. They cannot afford distribution increases. Operational performance is poor. All of this makes for decline. Many just fell in love with the stock and failed to face reality. I would like to buy more at these prices, but frankly I think it is open question as to how they get back on track. I only hope this all does not result in a cut of the distribution at some time in future.
Carl Icahn has previously attempted to merge ARII and GBX, but was rebuffed by GBX. May be better reception this time.
Baker Bros. sold 2.3M shares (about 50%) but still holding 2.1M shares. So they must think AUXL still has more room to run. But I do not hold a large position, so not much risk for me, and I only plan to add if I can buy for right price- like right now is not too bad.
Chris Demuth wrote a Seeking Alpha article "Straightening out Auxilium Pharma's Value" that presents a case for $30.
Is that the condition where the soft tissue surrounding the shoulder gets hard as bone?
That might be true if we had:
1- SIRI board that is supporting SIRI shareholders. But they support Malone to deliver the cheapest price for Liberty. Conflict of interest? Definitely. But who will do anything about it.
2- SIRI institutional investors (with largest holdings) who will hold out for highest price, which I doubt. They will cave to Malone since most own at cheaper price than majority of retail investors.
TWC told Malone before that they would consider an offer starting at $160.
Now at $195, Malone is apparently desperate to make this TWC deal.
I hope he gets just as desperate for SIRI and raises the price to CASH not C shares.
SIRI price just keeps dropping probably in line with Malone's offer of Liberty shares.
Now down to 3.43.
They may increase the dividend which returns more cash to themselves as largest shareholder. But I totally disagree with your analysis of why AWLCF was created to sell and dividend increases are to attract attention. If your analysis was correct, AWLCF would sell in US as ADR and they would be doing presentations to get noticed. Where is all that?
As for buying right now, there must be more sellers than buyers because share price has been steadily declining.
You must not get out much. Too much time watching cartoons.
Class action costs are mostly paid by insurance and shareholders only receive cents on dollar.
When legal case is based on management incompetence, the payoff is even less.
Thanks. I found that.
OFI Risk Arbitrage and OFI Risk Absolute in Paris and Timber Hill LLC in Greenwich sued CTB and want to qualify suit as class action over CTB management's failures in handling merger. I believe they claim CTB caused failure of merger by concealing financial information.
My broker account showed a news item from WSJ for CTB; but when I tried to open, it said "news not available." Maybe, some analyst downgraded.
As a SIRI shareholder please tell me what is so hot about Liberty that I should want to give up SIRI shares for new non voting Liberty C shares?
I see that Liberty owns part of Charter, PBS News Hour, and Barnes & Noble (which cannot compete with Amazon and is like Borders that went BK). But to me, it looks like the best part of Liberty is SIRI which I already own.
Honestly, as a SIRI shareholder, SIRI has competitive headwinds and needs a new growth strategy like going international. That takes investment. But Malone wants to take SIRI cash (starve it) to buy Time Warner cable so he can be "king of cable". Cable is 20th century with declining subs; people are cancelling cable subs.
So, please tell me why I would want to exchange my SIRI shares at 3.68 that are worth at least 4.60 for Liberty. I just do not get it.
Seems like Malone wants to kill the golden goose.