the deal was broken down to an equal of 64,but there was no cash buyout,seeking alpha,cramer etc,they did in fact pint that it was a stock deal,if you check i never bought that 64,was coming the premium was too high,almost 40 percentt i can understand why mgt might reject the offer if they do think they will thanks to the mkt decline,i expect we will be thrown a bone with a special dividend,by years end.
the answer is the board could well reject the offers,they rejected 64 per.its hard to imagine the offers got better with oil and gas imploding as well as the mkt in general.
no i would no buy here,the mkt is finally reacting to the usa and the rest of the world running at 2 percent or less growth.mkt valuations are no longer justifiable,tack on the fed rate hike and dont be shocked if the do 2 just to finish deflating the asset bubble,this alone forces fb to 80 and lets not forget that lockup from last yeas 22 billion in buys have got to be getting close,id walk away from the mkt til mid oct.
with options expiring i bet we get selling in the am,i bet mon or tues we some of the losses back.
this one report will have little no effect the gaps so so earnings will have more impact,the ecconomy is not really doing well
cash one tip,now that you are trading daily dont be fooled by far away call or putsthose 110 calls are seriously in jeapardy if we are in correction mode,and fb always has a neary 2-1 call put ratio..the next 3 weeks are likely to be bad and likely bad til oct,i bet 90 call will get crushed tommarow,after that it will be mostly down if we finally get that 10 percent correction
if mkt and economic conditions really deteriate than the wait will get longer,than i think you think will happen,i try to forget this one but everytime i look at my stocks i see this sitting doing nothing,little and wonder what the best case upside iis the next 12-18 mos,i cant even come with a number.I would not totally count on positives,i think outside forces in the non wbmd world could really hurt cos that wbmd does business with,im not bearish on this but im less optimistic over the next year that the co will beat its modest projections and that could really drive the share price down and certainly keep it under 45
bought last week at 9,not at all worried as im locking it away ,but im not sure why the hard selloff today
im not and its risky but if no deal happens than maybe and its interesting that wmb is dropping decently today,the mkt may not be believing a deal will happen.i think it will but i at least grasp the idea that no deal will be acceptable
wells tends to be a pretty conservative bank,though i have no idea on the investment banking arm.
ask blackberry fols who went through 2 mos of this process only to have prem watsa reject the offers and hire john chen,its possible that mgt might not get an offer thats acceptable to them,we already know 64 isnt and bear in mind that these bidders are getting financing by banks,in thoery deals have to make sense,i doubt this becomes rj nabisco of the 80s
gave ground in the last hr and afterr hrs, you realize mgt could reject the offers
netflix is not a comp,look at the float difference,look at how the cos made purchases,fb is in fact a nice steady climb with occasional trading ranges,look like it trades a bit like visa did for a few years prior to the split
disagree ithe vette lover ,but as far as i can tell there are no other bidders,by now if there was one we would have heard