This is good news. Hopefully, the move helps improve COGs as it lessens labor costs.
Substantial investor (Teng Yue) who owns almost 7% of ISS is holding out for more than the current $5.45 tender offer, as the Dec. 20th board meeting approaches. What are the chance for getting more investor consideration above $5.45 or even above $5.85 pps??
Previously punched out at 2.98 mark from 2.60 entry point. Could have bought a nice fishing boat with the gain, but used an IRA account. Regardless, still fishing ....metaphorically. GLTA
Good points. Today's shorts are tomorrow's longs. The true winners know when not to overreach and cross over into the pig category. As we all know, controlled aggression pays...BUT hogs get slaughtered!
Yellen is a sure bet to take over the premier central banking position in the world now. Earnings reports now and the next few weeks will also help to propel DJIA higher, perhaps even to the 17,000 mark early next year. OCLR looks poised to reach 3's if it breaches the 2.55 mark. JMHO
ask-jeebe, regarding your opinion on an OCLR M&A, you underestimate the possibility of private equity entering into the equation instead of a direct-competitor acquisition scenario. It is very easy to envision private equity acquiring OCLR in goal of packaging it along with another company or parts of another company, in a resale situation. Valuation should be favorable for the OCLR piece, as the balance sheet improves. Chances are... someone will take a chance on OCLR.
If a buyout dies come within the next two quarters, I can easily see a $4.50 pps tender offer...and that's without any type of premium attached to the offer. Let's put it this way, if OCLR is bought out in 2014, this stock is a double bagger from this point forward! JMHO.
Look, it was a quick opportunity for shorts to get a .90 swing. If you have powder and you feel you want to ride it back up from here, put some skin in the game. It's probably good for a .35 ish gain by holiday. JMHO
Agreed. At current pps, the annual yield was at about 6%. Now it will be about 2%. The cash will now be employed even more so on capital equipment (already in full swing at the main plant) and value-added initiatives. Coupled with industry trends, NOR should be a $5 stock within the next 52 weeks. JMHO
Based on your argument, yes, the bottom has been made...particularly with the MMs lessening inventory after roughly .18+ gains. I get your interest in the who's, but the other factors which could be catalysts in the near future are the earnings report on Oct. 21st, which may or may not preceed another divy. If lessening loses are reported in the report and a divy is announced, NOR can easily breach the 3's mark. JMHO
Cincyyyy, the vast majority of your "sell volume" trades yesterday were at about the 2.70's mark. In other words, those "sell trades" were swing trades locking in the day's gains and/or short seller's retrenching.