He knows more then you do.. You only know the outside.. He's in the inside.. Why you follow big money..
He is emotional and when that happens you get screwed. He's getting double fisted now..
He's one of those types that loses his way down to nothing. He doesn't think with his head and moves on emotions. Those are the people that lose everything. Buy low sell high. Short high cover low. He did everything backwards..
Yeah cause you are a big hedge fund manager right? Oh wait you are a Yahoo message board troll that has millions right??
I am holding tight. Especially after Cramer pumped this thing on Friday.. See what happens.
"I was a big fan of Diamond Foods before we found out it's being bought by Snyder's-Lance, and I think that after this deal closes, the combined company will become a snack food powerhouse that's absolutely worth owning," said Cramer.
Anyone shorting this thing at these levels is asking for a beating. There is very little downside at these levels. What are you going to see?? 10%? 20%? The risk of losing much more then that is far greater.. Some people just like to live on the edge.
BTW Cramer just pumped Lance up big time.. $45 not out of the question. I will probably hold knowing I am making more money with Lance.
I have been playing with the figures you have shown for a while. Right now holding for it to go through is slightly better. I have also weighted selling DMND soon and buying other stocks that could improve before the completion of the Lance deal. Yet I hesitate because of Lance going up and the dividend. As Lance goes up the deal gets better because we already know how many shares we are getting and cash. If Lance goes to 40+ we make even better. As of right now I am sitting tight. Yet if things change I could sell my DMND shares at anytime.. GL all..
So you lost on your long and a decent amount. Now your down on your short. You are going to be money hand over fist this way I can see it.. I'm still on sidelines but I will buy some eventually
Looks like someone came in and took it from K.. Looking like the break down. You get .775 shares of Lance for every DMND share PLUS 12.50 a share in cash. From my figures and current LANCE price thats about a $40 per share buyout. I'll hold for it to happen unless it goes above $40..
Mike is just burned and will always be burned jumping on bandwagons late. He road it down and sold now will hold a short position when it goes up.
This goes to show you how clueless Mike is. He just pumps and dumps on what side hes on. These are the ones that lose everything eventually.
They are also sitting near their 52 week low. Looks like a similar chart.. In fact they made a new low today.
That's what happens when you gamble. Sorry going heavily in margin is asking for trouble. Means most likely you have other investments not doing well. Eventually youll be out of money playing market like that. I plan on buying here. Not much downside risk at this point.
These are the dreamers of the world. They lose more then win but that one time they win they think it can happen again.. In the end they will lose it all eventually.