By the amount of posts here looks like the big Bass will swim away.
Hmmm, now what could have shot up the share price $3 in a matter of minutes? ;)
This looks like the sale is in jeopardy
I'm betting Bass sales are collapsing too. the USA is getting fatter by the day and fat people turn into poachers and RV and Trailer people who sit at campgrounds drink beer and eat sausage praising tRump. like Harley Davidson buyers these fat people are dying young with colon cancer. Isn't it funny how they all claim to be Christians?
Might be interesting to see if there is a bounce in gun stocks
This is really acting poorly for a stock that is supposed to trade near $61.50
i believe approval by end of August
I agree as NY POST is all FAKE NEWS so not sure what to think .. I got taken on the NY POST for RAD ..
This is the Rite Aid deal all over again. Complete with NY post stories from the exact same author. He wrote in article back in January on that deal citing inside sources claiming the deal was set to close that week. It never did.
The market seems to be pricing in the possibility of a revised (read lower) buyout price post earnings. This stock has been trading down on above average volume with arbs on the sidelines keeping their powder dry.
Cabelas/Bass Pro/Synovus Bank Sale Application Moved from Atlanta Fed to Board of Governors, Capital One Portion Might Entail OCC Review - Event Driven
Event Driven has learned that the Synovus’ application has been moved from the Federal Reserve Bank of Atlanta to the Federal Reserve Board of… Read more
So I'm officially done trying to pick stocks!!! Bought 35k of CAB at $59.89 thinking pretty safe bet to make a measly $900. WRONG!!!! I lost again, $2K!! Good news for all of you is that I sold at $56.45 so that will be the bottom as it usually is when I sell. I've had enough!!!!! It's no different then gambling!!!! Actually for me I'd have better likelihood of making $ by picking red or black!!!
Swing and a miss I'll be buying back in today easy 💰
Will wait and see the stock price reaction to the earnings. It truly is a non-issue, whatever the earnings is, because Bass Pro is mainly buying Cabellas for the already-built stores. Bass Pro has been in expansion mode for the last decade. The research time, costs, government permits, land acquisition, building costs, extra insurance, etc., can all be avoided with this opportunity to instantly expand into a huge region Bass Pro is not in yet. If the stock price tanks on disappointing earnings, I will be adding to my position in the biggest way I can.
Assuming the deal is still on (no indication that it isn't), then if you were to pile back in now, you might recoup your 2K plus an extra 1K at the acquisition price. It does mean that you would have to hold until closed though.
Is the sale of the credit card business to snv contingent upon snv being able to offload credit-card receivables to Capital One?
Frank Carl John Wellenstein
No real news causing price decline... IR at both CAB and SNV confirm deal is on and progressing as planned. Best to ignore the noise, and be patient, good things come to those people...