The bounce was from short covering who started coming back at it again. Going back below $ 1 today and 0.5-0.6 within next week. I still think company won't go bankrupt though. In this financial market, there might be several companies, PEs that would take it private.
I got some shares in the IPO. Making some decent quick money and wondering if I should hold on to this. Makes sense for MKPs to be doing good as far as the interest rates are down, but more insight about PAGP would be helpful.
Thats what I am guessing. I see the worse for short-term is over and there could be a deal announcement for short-term anytime from Hill.
I guess we will see. Everything is going to be down if market is down but this will go back in high 11s or 12 if market stabilizes a bit.
This is just a start. Reduction in fees is going to give huge huge impact to CHU bottom line. I could see this going way from here. 18 is not out of question in a week or so.
yes, that looks realistic. This would give a value of SAIC stock to be around 15.8 before the split. Around 16 or little higher is what I see PPS going before the split.
Price keep going up because of several reasons:
1. Street sees value in the split
2. Almost all the shorties are going to cover before the split and just this would take this stock close to 16.5-17.
Buy before the split as it still have lot of room to run...
I agree with what you are saying about borrowing money, but splitting companies in w would actually create more value for shareholders.
This shows that stock would go much higher before the split. I have a good amount of share for this company but buying more after looking at this momentum.
Sentiment: Strong Buy
I concur that stock prices usually go up after the split. You can see the current upwards price action for that as people usually like to buy before the split. I could see it going close to 16 before the split, iff market stays decently up or flat.