bershire would unliely play infn,doesnt meet any of their criteria and buffet and co have tended to shy away for small tech stocks
as i said the broader mkt would take this down,the co should be quiet the next cpl of qrtrs but i do expect real move next year
vote in sense has alredy happened,williams has already paid for the vote when they issued proxy materials to shareholders,i wonder if warren comes back with a final 20 per share offer,if shareholders vote for merger,in other wards taking the co if shareholders are really discrunteled with wmb mgt
no i refuted i agreeing a selloff was likely at some point between now and nov,but i doubt we go far below 10 if we do that
not always true betamax vs vhs minidisc vs cd etc.mass counts today,look i still wonder if this is the time for the co to be sold,steve has the right buyer i think fb would be perfect and they tend to overpay.if not i suspect that wbmd trades in here for a pretty longwhile,it would have even if there had not been the convertible bond aas the recent runup need a pause
there were misrepresntations ie synergies from the outset,i doubt institutions would have looked looked at this like they did without the synergies...that was the ete sales pitch to williams
did fallon sell at any point this year,the mkt will sell off at some point late summer /early fall historicly it usually does,i dont see infn going lower than 8 or 9 IF there is a selloff
why would anybody stay with williams if they are an income investor and the co slashes its div,as far as growth,williams is trading a bit lower than it should assuming 50 oil,i dont think theres a compelling reason for growth people to jump on williams fri but for income folks there well may be,mind you ive had williams for decades now and i have a 4 cost basis,im not a hater but im looking this from an older persons vantage point,until that selling is dried up williams wont likely move much barring oil moves
judge telegraghed where he was coming from,i suspect there will be more laawsuits from wmb holders suing for damages from the poorly constructed deal and neither side actually facilitating fixing the issues and than getting a vote in place,but im betting any cases from here get tossed,hopefully this ends the saga and williams sells itself elsewhere,i bet the co will sell to anybody but ete and at a discount.
i think when the div is cut people who invested in this for the div will be selling and moving to other options,institutions will likely trim in phases,this could well take over a year,maybe not 2.the question now for me is what type of growth stock is this.
at this point the cos hate each other,i wont be shocked to see warren come back with a token take under deal,iits surprising to see aa deleware judge back the breaking of the deal.you really think any institutional investor is going to accept a deal that has the type of premium that will be offered.longer term wmb has the assetts to get better,it will be awful the next 2 years or so as income investors sell,im stuck to this as i have a 4 dollar cost basis
see what i mean by toxic rage you got attacked for some potential selling.lol
not the way its being reported,read the judges comments again as i know you did,it looks obvious where this is going,ete stock and wmb responded accordingly yesterday
cramer and faber reporting the judge seems to be siding with ete on best efforts to complete deal,and the tax issues asked that a renegotiated price meaning lower.wmb should turn down what without the cash is a near takeunder
look at the behaviors of both cos the last 3 or 4 months,the suits ,the countersuits all of iit screwing around with shares.trust me the atty will be looking at this for damages