I wish they would have waited until next week to announce a reshuffle in the S&P 500. It knocked down ASH and thus the value of the fractional stub in the HPC M&A. Robbie Are you doing anything on other pending deals like ROH PSD BUD
robbie or whoever else has an opinion to throw at this, ive been eyeing a few stocks that im looking to hold long positions on.... pgh pwe hte fro nat - already have shares but looking to add more thoughts?
they have to take those 2 merging companies out and replace them with 2 others since the deal is going thru. ash is down because the deal is going thru and shareholders don't like the deal. the percentage discount on hpc is still over 7% even though the deal is done and certainly closing this week after s&p's rebalancing actions.
Any thoughts on BearingPoint (BE)? 0.13 now.. I have some that I bought at 0.175 or so. They just got a new contract and said their losses won't be as bad as expected.. or something like that.
How does the Nov 15 hedge fund deadline work? That's just a date that people have to tell their hedge fund they want out by Dec 31st, right? So the selling out of those positions would then take place after that?
A Hedge Fund might already have a fair estimate (guess) of how much they will need to honor the redemption requests. If they think the market will drift lower between now and Dec 31st because of selling by other Hedge Funds and individuals for Tax purposes, they might have already started selling into rallies rather than be last in line for the next <i>Fire Drill</i>. From what I have read, in the past the Hedge Funds would get short term loans to cover Redemption requests rather than liquidate positions. That resource is no longer available for most.
Is part of ASH going down because of Index rebalancing by those who sell a <i>product</i> that is supposed to track an Index?
Makes sense - it just seems like people are talking about Nov 15 being some kind of big deal, but really, if more selling is needed, it would be done between then and the end of the year, right? So there shouldn't be any kind of hedge fund liquidation on a single day because of it.
CanRoys Some people think highly of his opinion and a few disagree, so with that being said. McDep Energy Valuation FRO I have read that the principal is a good guy and looks out for the shareholders as opposed to the principal at DRYS. There was a recent downgrade by an analyst citing debt concerns and the stock dipped to around $25, but since went back over $30. Another recent ding was a concern about charter rates for their Tankers with the recent weakness in the Oil markets. NAT I think NAT has been getting dinged for the same issues that FRO has gotten hit. My guess is that you should be OK as long as you have patience.
Don't. Leveraged ETFs are short term trading tools and you won't gain much/if anything, by investing in them long term. You can check their performance against the major indices in the past year for proof. There's a Fool.com article on this that has been previously posted in this thread.
Maybe also take a look at DHT and TNK since you are looking at the Shipping Sector. GMR and ATB are discussing a Merger, but I need to research it more. Since you are looking at the Shipping and CanRoy Sectors for an income stream and hopefully some Capital Appreciation, have you looked into the MLP area? Probably a bit lower in the Dividend -- Distribution area compared to the Shipping and CanRoy sectors, but also a bit less risk. <hr> There is some serious <i>hurting</i> going on. General Growth Properties could face bankruptcy <i>General Growth Properties Inc., the owner of five shopping malls in the Houston area, reported in a regulatory filing Tuesday that it faces potential bankruptcy if it’s unable to refinance its debt. The Chicago-based company, which also owns a 50 percent stake in The Woodlands and was a developer of Bridgeland, both master-planned communities, said it has about $958 million in debt that is due Dec. 1, with another $3 billion due in 2009. The company warned in its filing with the U.S. Securities and Exchange Commission that efforts to refinance or extend that credit might not succeed. The company owns Baybrook Mall, Deerbrook Mall, First Colony Mall, The Woodlands Mall and Willowbrook Mall. “In the event that we are unable to extend or refinance our debt or obtain additional capital on a timely basis and on acceptable terms, we will be required to take further steps to acquire the funds necessary to satisfy our short term cash needs, including seeking legal protection from our creditors,” it stated in a filing. The company pointed to factors such as a weak credit and retail environment, making it hard for the firm to get financing. The company also has had its debt downgraded, reported large quarterly losses and suspended its quarterly shareholder dividend in recent weeks. In addition to its Houston malls and other holdings, General Growth has dozens of other malls and high-end properties throughout the U.S. </i>
I'd really appreciate someone's input on BE.. it continues to tank. Down to .103 now.. think I should stay in it for the long haul or get out now at 40% loss.. ? (edit: or buy more and average it down to .13 or .14 or whatever..)
it doesn't look like it is going to recover...you can hope to get out at maybe .12 but i wouldn't count on it. never good to only be left with hope.
