The Deals are Back
Now the bears are really screwed. For awhile, they were free to roam around, selling short without worrying about premium takeovers.
However, all of a sudden, the “wheel barrow” dollar is encouraging foreign companies to take down U.S. assets.
As you know, recently, ATVI, CBH and GLYT have been bought out by foreign companies, much to the bears chagrin. Now, this morning, three more premium deals were announced. Plus, don’t forget the C deal.
ARXT is being bought out by Reckitt Benckiser. MOGN is being acquired by Eisai. And, PLTE is being swallowed whole by Evraz.
Look, most of you have the brain power of a small donkey. Therefore, explaining the intricacies of these deals is somewhat meaningless.
Just know, as of now, there is a bid underneath the market.
Great time to go “open field” on the bears—and light their heads aflame.
Fly - PLTE is in the same space as BOOM, a little more upstream but they work together nonetheless.
I found the PLTE take out interesting and adds a data point to my theory that BOOM is a takeout candidate.
December 10th, 2007 at 7:20 amWhat about the UBS write down?
December 10th, 2007 at 7:31 amOr do people not care about such things anymore?
Assume its all worth zero and the writedowns are moot. Odd, no?
December 10th, 2007 at 7:33 amDPeezy, didn’t you hear, who needs jobs? Nobody in America.
Also, who needs 10 billion? Nobody here.
December 10th, 2007 at 7:35 am10 billion dollars is tipping money.
December 10th, 2007 at 7:36 amTrue, $10B = walking around money.
December 10th, 2007 at 7:42 amDamn, walking around in the wrong business.
“In the last several months, continued speculation about the ultimate value of our subprime holdings — which remains unknowable — has been distracting,”
“In our judgment these write-downs will create maximum clarity on this issue and will have the effect of substantially eliminating speculation.”
- Marcel Rohner, CEO
Nice timing on the announcement though. You know they were just waiting for the Singaporean cash to come through before saying anything.
December 10th, 2007 at 7:49 amTTWO on fire again, who was bashing this stock a couple weeks ago?
Where do I log into this damn blogz0r?
December 10th, 2007 at 7:51 amhttp://www.ibankcoin.com/peanut_gallery/wp-login.php
December 10th, 2007 at 8:03 amMBIA in play? Wife called and said it was halted.
December 10th, 2007 at 8:06 amThe world is awash with uninvested capital. M&A activity is picking up and will be strong in 2008. Investors overseas want to own U.S. companies like JJ wants to own palladium.
December 10th, 2007 at 8:11 amCubs:
You don’t login, bozo.
The only time one would need to login would be to post shit in PG.
Last time I checked, you didn’t have the balls to post in PG.
Coward!
December 10th, 2007 at 8:14 amVIP, ESLR, CSIQ also smokin’…
December 10th, 2007 at 8:24 amfly,
December 10th, 2007 at 8:26 amare you still planning to sell mvis into the CES rally?
thanks.
Yeah, we’re selling a bunch of shit to stupid Euro leiderhosen-wearers too, while their crumbling currency holds a bid on the buck.
December 10th, 2007 at 8:26 amKD:
See most recent post.
December 10th, 2007 at 8:31 am“Investors overseas want to own U.S. companies like JJ wants to own palladium.”
Comment o’ the day, funny.
December 10th, 2007 at 8:32 amSTV catching a bid.
December 10th, 2007 at 8:33 ammjleikx vkpa gwfn bfuxi xmgwvsfyh zbjdmtqxy jkuxt
December 30th, 2007 at 1:35 pm