8356, right and confusing.
A short sale is tagged to a long share. Only one short for each long can happen.
Usually borrowed, on margin, carries interest about 0.06% per month if held.
The company pays the dividend to the longs as of the count at closing before X day.
The shorts held, pay the dividend to the company at the same time. Both actually
pay on the pay date. Alot of shorts don't hold, that's why there's a large buyback
at the end of the day. Shorts held, on margin, pay interest of about 0.6% per month.
Each brokerage has only so many shares of a company available. This can cause
a lack of shares to short when the short interest is high.
There is such a thing as a cash short sale, but that's different, and uncommon.
I'm long this one. good hunting.
That's the big question going forward. The CEO was not clear and
the written words involved private capitalization, off the market.
We certainly can hope for the best, or at least not negative.
Back to the edge of the seat! Early 2015.
The last paragraph was the good one, which you couldn't fit.
With the lower dividend, they'll have to do specials quarterly
to make up for the difference. So it may well pay over 1.20 year.
They always have been paying the divy from the TAXABLE net income. The amount is figured
by the taxable income. Now they've reduced it to align with the NII or earnings cuz investors and
nay sayers said they couldn't cover them. This way the divy will appear to be covered by the earnings and they'll have quarterly special divies to abide by the BDC laws to pay them according to the Taxable income.
$132 is their averaged production cost, marketing is not included.
They get different percentages of the take in each country.
marketing has ranged from 40 to 70K per flic,depending on distribution.
$450 should be a close number. that help?
You're in a market which is being manipulated because of lack of liquidity.
Let's say you were a hedge fund...How would you go about getting millions
of shares without pushing the pps up too far so you can show profit and
therefore get your commission base up ??
I hope it's not lost in the shuffle. There's an "IF" phrase to the special.
" If we don't need it for something else" probably refers to a sale
situation where they would need to clear the debt of the sale to sell.
If it's just because of reinvestment of Div., believe you can arrange that with the stock
company itself and bypass the broker.
Fitch wrote a very detailed article about would could happen
and the positive/negative effects that would occur.Scenarios include
Anshutz buying it out, foreign buyer, pieced etc.. also looked at is
the future pending movies available and pricing. Quite good IMO.
Real estate they got ! rather well developed though.
Are you suggesting they explore leasing out? Not too
sure that's what they're after.
IMO the whole thing's a rouse. the language is too spongy.
However, must admit I liked $24, guess it worked.
good luck with this one.
The move was cool. What can happen?
A sale is probably not in the cards, too big, too much debt. If it did happen
the price wouldn't be much of a premium and the dividends would get cut.
If it happened before Dec., the special wouldn't happen.
Maybe they could piece it out somewhat, the debt would go down, but so
would the revenue and the debt level vs. assets would stay.
They're stuck in a rut. What to do? Reorganize?
Yes, it's the same as last year. date of 12/4/13 to 12/3/14 etc.
The question IS, did they use those shares for a SPO under
the NAV during 2014? or not? Will they do the same in 2015?
wow, been doing that for years, long&short, fast plays for reversals and the "no decision"
creates no losses. Thru a broker? that does make it difficult. Hope the ira has the longs!!
Yea, you do have to watch for the wash prices though. good luck with that.
It was done for the purpose of determining the fees. This is the same shelf they did last year
which expires 12/6/14. Shareholder vote will say yes or no. In reference to common stock,
they are limited to offering only 25% of the outstanding shares number at the time of the
offering. Again...this is for 2015!
reading is power.
They goofed with the N-21 filing and redid with a N-2A.
It still exists. It's a request to register 5Bil. shares for use for
offerings. Intention same as last year, extending same thing.
Subject to shareholder vote to be available to offer below NAV.
Current expires 12/6/14. They're limited to usage of no more
than 25% of outstanding at the time.
Buyback? When did they say that?
All I see in the mailer is about SPO's, how and when.
Of course, if they can buy them cheap, why not?
Hey orange, remember they're using that kind of talent in China
on KFP 3. Will be interesting to see how that works.
are you talking about "animae" animation?
I think maybe he has a case of the
"japaneese fat finger". It has been going around.
and the B is next to the V. On the other hand,
he's been re-investing since 10.25!