I see 100 increase
Worse than politicians
Then another 40 if good earnings
A stock-only buyout would be straightforward if the terms specified the exchange of one old share for one new share. Often, the terms involve fractional shares, and the stock exchange adjusts the terms of call options to reflect these kinds of stock-only buyouts. This is necessary because normal call options always pertain to 100 shares of stock. A fractional share buyout changes the number of shares controlled by a call and must be adjusted accordingly. In addition, the stock prices of the acquirer and target companies are unrelated, so the call strike price must be changed to a strike price appropriate for the acquirer's stock price.
For example, if acquirer ZYX offers ¼ share for each share of target XYZ Corp, the call option would be modified to reflect 25 shares of ZYX Corp. and a strike price determined by the stock exchange. If the call buyer exercises the option, the call seller has to provide 25 shares of ZYX and will receive 25 times the new strike price in return.
Many buyouts involve cash and stock. If the share offer from ZYX Corp. also included $10 per share in cash, then the call seller might not only have to deliver the 25 shares at the strike price, but also pony up 25 times $10, or $250. Buyouts can get pretty hairy. For instance, if the two firms were in the fur business, part of the buyout might include a mink stole for each 200 shares of XYZ Corp. Complicated deals get referred to managers at the stock exchange, who will issue instructions on how call sellers are to proceed.
The future is very bright
of last 20 days, even lower if 30 days
Worth some sheckles
Going to 7