the options are always volatile and sketchy with this name. You know that going in if you want to play. I wouldn't be surprised to see a good move up in the afternoon session.
would advise strongly against this and take the pop today to sell CJES is going to file BK sooner rather than later.
Halliburton seems ok with paying it. dont think it will be an issue. bhi may drop back to 40 or so and then be reevaluated on what they will do for the future. bhi should be fine if mgmt wakes up quickly.
It is very unlikely anyone who invested in the common will be getting any shot at a recovering their losses. You can lose alot or make alot of money in the market if you take the risk. This one didn't work out for a lot of people.
Correct on that, HAL had to know this was going to be a tough sell. The break up fee was really high for the chances of it not going through. BHI mgmt is responsible for falling asleep at the wheel and not working on the company as if the merger was not gonna go through and they had to survive this period on the own. Both companies mgmt have not done a good job for shareholders.
they have said why in the lawsuit announcement. Same issues as all the recent DOJ blocks as well. Anti competition. The deal is dead but will see how BHI gets their money. They are getting it regardless and can do some very good things for the company with it.
very unlikely they make it past summer. they are circling the drain. its six cents. oil isn't going anywhere anytime soon.
It now looks like the chances of this deal are fading fast. I would say 20% shot but could be called off at the end of the month. People i know that work at both places say the deal is not gonna happen.
Bhi will get their money and start even further cost cutting. They will still be a viable target in future years and GE would be an even better partner. Their predicted demise without this merger with HAL is exaggerated.
it makes sense but if Sune cooked the books and illegally mislead investors to intentionally go BK rupt to go to terp and leave banks hanging i just dont see any group getting away with it. this whole situation is risky
lost about 5500. may look into the lawsuit just to see how it works. ive made that money back on others already but it was a lesson for sure. i seem to pick some real garbage. guess i get caught up in hype. luckily i only had calls in GTAT and Patriot Coal.
looks pretty good. the specs for the base are very solid. not sure how much the upgrsdes are but alot people finance 50k cars. they nèed to deliver but i see a pretty sizeable market for sure. im interested