if you cn wait decade the problem is it will not be wmb,it will be the debt laden ete
ete has everything to gain in this theres no way this does not get done,the issue is how much more pain wmb will take,nd the question for wmb is ete with all of that debt a good investment 5 years down the line and longer
shareholders cant nix the deal if mgt supports it and mgt is not going to pay the walk away fee,at this point ete may well not only end the csh,end that 75 c per share sweetner div,but likely may demaand more on the share side,in short a take underlook folks unless you have had this for many years,your best scenario is to sell this at a loss which i suspect many have already
the deal will happen theres no good escape for wmbs and every drop in price is helps ete,this my be aa takeunder with 8 dollars in cash to get rid of us,especially if ete goes under 5.
the overall mkt conditions make any good news not very helpful,we had aa decent year,last year,this year not goodits called bear mkt nd we could very well be entering a bear mkt
wmb has the better baalnce sheet,if wmb cuts the div and they should the selling could pinklist this co and for ete the best possible scenario
dont think they need to borrow,wmb stock is falling more than ete thanks to the deal, if ete caan get to 5 that values wmb at 9,for wmb share holders a near total loss from before the offer
as stted wmb is in better shape debt wise more important for ete the structure of the deal makes wmb accretive,the more ete goes down the better eanings will be when the merger,this was the cheap wy to get wmb,their shareholders know it which is why they were screaming from the get go.sell eye now,by it back next month,get your loss and once that merger happens you will be happy,getting willims fo potentially 10 dollars a share,kiss your mgts butts,they stole it for you.
this has more to go,but heres the key when ete takes over wmbs for basicly nothing earnings will be big,wmb has been hanging in there,
barry we are in a totally new mkt,rising interest rates,nd these raates re going to go up fast if dlls fed cheif fischer is correct by years end fed funds will be 1 aand aa qrtr or half,with potentily coming befor the dem convention,thats aa rapid rise,the mkt wont go aanywhere and either will most stocks,infn sees to be back to following,i will be surprised if eaarnings surprise to the up,more likely will meet expectations,worse than that getting to 26 from here would take a 50 percent or near 50 those types of returns aare very unlikely,if this gets baack over 20 its been great year
israel hs no known gs or oil,wmb board aat this point cannot back out,waatching willims is wste,its about ete who everytime ete stock drops this deal looks better for them
i added rough the options last year,im far more bearish than last year,the amount of economic headwinds as well as political has really made me think