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wtb41 13 posts  |  Last Activity: Apr 15, 2015 2:20 PM Member since: Oct 19, 1999
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Make me understand what is happening

by lescolddew Apr 15, 2015 1:15 PM
wtb41 wtb41 Apr 15, 2015 2:20 PM Flag

I suggest you ask those who computed the 16.6B how they got their number.

Make me understand what is happening

by lescolddew Apr 15, 2015 1:15 PM
wtb41 wtb41 Apr 15, 2015 2:15 PM Flag

My analysis is simple, and it uses data known now. If the exchange were to occur today, at NOK's current price of \$7.70 a share, the .55 of a NOK share that I would get for each of my ALU shares would be worth \$4.235. Since the value of the ALU share I give up to get that .55 NOK share was worth \$4.93 at yesterday's closing, one should expect a significant decline today in ALU's shares. That logic seems pretty simple and straightforward to me.

Make me understand what is happening

by lescolddew Apr 15, 2015 1:15 PM
wtb41 wtb41 Apr 15, 2015 1:28 PM Flag

I should have said ".55 of a Nokia share for each ...."

Make me understand what is happening

by lescolddew Apr 15, 2015 1:15 PM
wtb41 wtb41 Apr 15, 2015 1:24 PM Flag

A Nokia share is quoted now at \$7.70. If the deal goes thru, you will get .55 shares for each of your ALU shares. Fifty-five % of \$7.70 = \$4.235. ALU closed yesterday at \$4.93. That's a big part of today's decline.

So two banking brothers represented ALU

by acatt14u Apr 15, 2015 12:30 PM
wtb41 wtb41 Apr 15, 2015 1:09 PM Flag

And Einstein was a patent examiner in Bern, Switzerland's patent office in 1905 when he published 5 papers that revolutionized physics. Until 1909, he did physics in his "spare time."

So two banking brothers represented ALU

by acatt14u Apr 15, 2015 12:30 PM
wtb41 wtb41 Apr 15, 2015 12:38 PM Flag

Just because they are "2 brothers" doesn't mean much to me. If you will recall, the Wright brothers did OK for themselves, and they were "just" 2 bicycle mechanics, and 1 of them (Orville) did not finish high school.

Poor old ALU

by wtb41 Mar 20, 2015 10:08 AM
wtb41 wtb41 Mar 20, 2015 12:25 PM Flag

For your info, I have owned LU and now ALU for 15 years!

• 5 users liked this posts users disliked this posts 2 Reply Poor old ALU

wtb41 by wtb41 Mar 20, 2015 10:08 AM Flag

Since June 15 of 2014, the Dow Jones has risen a little over 1,000 points. ALU has risen nil. It's depressing.

Splits and reverse splits

by wtb41 Jan 23, 2015 3:56 AM
wtb41 wtb41 Jan 23, 2015 10:17 AM Flag

Mucho gracias, amigo.

Splits and reverse splits

by wtb41 Jan 23, 2015 3:56 AM
wtb41 wtb41 Jan 23, 2015 8:35 AM Flag

Sorry. He is on my ignore list; so I did not read his post. I thought your post was for me. I should have looked more closely. I'm busy with some other work, and I just was careless. Hopefully, I'll do better next time!

Splits and reverse splits

by wtb41 Jan 23, 2015 3:56 AM
wtb41 wtb41 Jan 23, 2015 7:25 AM Flag

Would you care to give me an English lesson?

• 1 users liked this posts users disliked this posts 1 Reply Splits and reverse splits

wtb41 by wtb41 Jan 23, 2015 3:56 AM Flag

A stock split replaces a \$10 bill with two \$5 bills. A reverse split replaces two \$5 bills with one \$10 bill.

It's as simple as that.