I don't know much about Hundal, but he sounds like a savvy businessman from his bio. Any thoughts on this announcement? Will this be beneficial to Tri-Valley Bank, or is the move unlikely to have much effect?
Sorry, I know this has already been discussed on this board in the past by montgomery and others, but I couldn't dig up the string of messages on this topic. I currently hold shares of UL in my Roth IRA. Can someone please share thoughts regarding if UL is a better choice than UN in a tax-exempt account?
You're an idiot and completely classless. I've seen shorts use a lotta different tactics, but this is shameful. Rest in Peace to the victims of this tragedy and prayers for their families.
In for the first time at $79.50 yesterday. Had my eye on CAT for a few years. Happy to finally be a shareholder.
In doing some research, at first I thought this looks like a good pick-up at this level. Granted, this might not quite be the bottom yet, but at these levels, my initial thought was this seemed like a good long-term investment.
But, as I dug a little deeper, the executive compensation seems pretty excessive. I would be interested to hear if others believe this comp is a non-issue and in-line with expectations, or if others believe this is a legitimate obstacle to the success of this company....stock price going down, multi-millions being paid out.
I received mine and I'm not an employee.
I understand that for every four shares of ADP, you will receive one share of Broadridge. However, one thing I noticed is they do not seem to be distributing fractional shares of Broadridge if your shares are not divisible by four.
For example, if you held 5 shares of ADP, you would receive one share of Broadridge rather than 1.25. Not a big deal, but seems odd.
In my experience, the buying company always pays more than the current stock price to include some assumed future appreciation of the company being purchased. A few cents more per share than current market price would not seem out of the ordinary to me.
Hey I'm long RIO too, but $60 this year is probably not even in the realm of possibility. $80+ billion companies don't double in size overnight (or over 365 nights for that matter).
Love the optimism though!
Looks like today we got that high volume. My shot-in-the-dark guess is that this will fall a little farther on this news to around $19.00, but that long-term this company and stock will be a strong performer.
Yes, the 1 million shares weren't purchased today but in increments between between May 17, 2005 and November 21, 2006. As Laman mentioned, a chunk of these shares must have been purchased when we were trading higher to get to the average price of $38.52 a share.
I agree, this thing is on fire, and I'm not really sure why. Getting back in Nasdaq compliance isn't exactly a fascinating development.
But I can't complain and am loving the ride as I got in at $86 last summer. If anyone has been to these markets, they are very nice.
I too am feeling pleased as I acquired my first position of this company at $19.77 first thing this morning (albeit a small position). Go RIO
...with all the uncertainity, but I couldn't help it. Seemed like an opportunity to get a decent price, so I bought a few more shares today at $47.71
Though I know most of us are in this for the long haul, any sense from the "vets" of this board how Q2 earnings may look on July 25? Seems like with the #1 fastest-growing ranking from Fortune, there may be a lot of eyes (no pun intended) watching this quarter's earnings in particular. And if those earnings are strong, sometime between now and 7/25 might be the only time for awhile to accumulate more shares at a semi-reasonable price. I'd be interested to hear any insights, even if it's primarily speculation.
Disclosure: I have been long this stock since last summer and have periodically made small additions to my position a few times since then. Thanks.
I agree with you that this seems to be a solid candidate for an acquisition.
I took a small position at $86 last summer, so your $150 would be pretty damn ok with me!