If there is a buyout, what happens to options holders? Does the price of options pretty much immediately move to whatever the difference btwn strike price and the buyout price is?
If there is a buyout, what happens to options holders? Does the price of options pretty much immediately move to whatever the difference btwn strike price and the buyout price is?
- Jan 23, 2002
- 2,206
- 12
- 81
Originally posted by: Slew Foot
Yeah thats a lowball, make a real offer, and preferably before August option expire please.
edit: I also got some tivo 12.50 options Nov, seemed cheap enough for a small lottery ticket. Not expecting drug company like gains, but hopefully I can cover.
NOW they are saying Samsung is offering $2.4 billion to settle the AT suit, not $24 per share buyout offer... that seems a lot more logical and a ton more reasonable. We've heard rumors before folks so don't get your panties in a twist... but $2.4 billion settlement would make Rambus jump up a lot higher than $24.
Rambus (RMBS) is up 1.02 cents to $17.22 and 11,000 calls traded, compared to 1,500 puts. The call volume represents 6X the expected for the first 90 minutes of trading and is focused on the Aug 17s and 18s. About 7,400 traded and about two-thirds hitting ask-side. The top trade is 712 Aug 17 calls on the ISE, which is an opening customer buyer, according to sentiment data. Implied volatility is moving up to 66, from about 61 the day before. Today's heightened volume and volatility in RMBS comes amid renewed settlement chatter--Briefing.
Slew Foot
Lifer
- Sep 22, 2005
- 12,379
- 96
- 86
Looks like the insiders are hoping for a settle soon withing the next 3 weeks or so. im kinda surprised at the strike targets of 17 -18. A multibillion settlement would skyrocket the stock price, any call would be well in the money. Oh well, my 15s should be nice 
Originally posted by: Azurik
Originally posted by: Slew Foot
Yeah thats a lowball, make a real offer, and preferably before August option expire please.
edit: I also got some tivo 12.50 options Nov, seemed cheap enough for a small lottery ticket. Not expecting drug company like gains, but hopefully I can cover.
NOW they are saying Samsung is offering $2.4 billion to settle the AT suit, not $24 per share buyout offer... that seems a lot more logical and a ton more reasonable. We've heard rumors before folks so don't get your panties in a twist... but $2.4 billion settlement would make Rambus jump up a lot higher than $24.
Rambus (RMBS) is up 1.02 cents to $17.22 and 11,000 calls traded, compared to 1,500 puts. The call volume represents 6X the expected for the first 90 minutes of trading and is focused on the Aug 17s and 18s. About 7,400 traded and about two-thirds hitting ask-side. The top trade is 712 Aug 17 calls on the ISE, which is an opening customer buyer, according to sentiment data. Implied volatility is moving up to 66, from about 61 the day before. Today's heightened volume and volatility in RMBS comes amid renewed settlement chatter--Briefing.
2.4 billion would be huge! I mean thats so many times the earnings of Rambus its not even funny. I mean if the Hynix settlement actually goes through, the shares will skyrocket, but I don't even want to know what they would do if this Samsung settlement occurs.
Engineer
Elite Member
- Oct 9, 1999
- 39,230
- 701
- 126
Weeps at not buying Ford with a co-worker about 6 months (or so) ago. We looked at it at the very bottom of $1.03 per share and both said that we should buy some since they looked like they were going to make it and make a come back.....OMG....fucked the pooch on that one!
Anyone here use TD Ameritrade? How do you like it?
I'm looking for a broker who has HTML trading (hate the java based stuff), mobile trading (they have a berry app), decent pricing ($9.99 flat, not the best, not the worst!), decent money availability, etc.
Thinking between:
- TD Ameritrade
- Schwab (though I don't like that they are $8.95/trade but you HAVE to do 120/yr)
- ScottTrade (though they don't do DRIP, so I'm leaning away from them)
- Think or Swim
- OptionsHouse
- FirstTrade (looking better and better...)
Anyone here use any of these? I have a separate thread in OT, but I figured more people are subscribed to this thread than anything else.
I'm using sharebuilder right now - too basic for me. Will probably keep my IRA there because I use ING.
I'm looking for a broker who has HTML trading (hate the java based stuff), mobile trading (they have a berry app), decent pricing ($9.99 flat, not the best, not the worst!), decent money availability, etc.
Thinking between:
- TD Ameritrade
- Schwab (though I don't like that they are $8.95/trade but you HAVE to do 120/yr)
- ScottTrade (though they don't do DRIP, so I'm leaning away from them)
- Think or Swim
- OptionsHouse
- FirstTrade (looking better and better...)
Anyone here use any of these? I have a separate thread in OT, but I figured more people are subscribed to this thread than anything else.
I'm using sharebuilder right now - too basic for me. Will probably keep my IRA there because I use ING.
I use Scottrade but I don't do frequent trades. I just buy stocks and efts and hold them long term. For that purpose it's been great.
No problems with TD Ameritrade so far. They had some trouble inputting orders on heavy volume days a few months back, but nothing recent.
Just join Think or Swim, they got bought out by TD Ameritrade and will merge sometime in the next 18 months.
Anyone watched ONTY today? What the hell happened? It went up 40% on practically no news... like the news released was a rehash of phase II stimuvax stuff (seems like a skewed rehash at that where the 16 patients they discussed were handpicked from a larger group of 171). I can't understand why the market reacted so strongly. Rats, and I was hoping to make some buys around last Fri's close this morning.
RMBS is down $1 pre-hours. I can't find any news but someone on yahoo claims their last writ was denied...?
edit: nvm, I forgot to check volume and it's minimal.
edit: nvm, I forgot to check volume and it's minimal.
I made a small gamble bet on FRNTQ for the beginning of bidding war, and so far, it's doing well! Hope it does well until 8/11, the bid deadline.
And HGSI keeps going up as well even after stock offer. I am happy (On the other hand, why I sold some at $ 11!)
And HGSI keeps going up as well even after stock offer. I am happy
(On the other hand, why I sold some at $ 11!)
SandEagle
Lifer
- Aug 4, 2007
- 16,809
- 13
- 0
Originally posted by: everydae
I made a small gamble bet on FRNTQ for the beginning of bidding war, and so far, it's doing well! Hope it does well until 8/11, the bid deadline.
And HGSI keeps going up as well even after stock offer. I am happy
wish i jumped on FRNTQ a few days ago......
keep an eye on BIEL......going up on positive news.....still low
Originally posted by: PimpJuice
Originally posted by: jjsole
Originally posted by: Azurik
Lothar,
Where were you when RMBS rose 250% in less than two months?
He was still gloating over RMBS losing 65% the previous two months...
I haven't followed the RMBS case (altho the volatility is hard to miss.) What might happen with the Whyte meeting...can he disregard delaware and let his case proceed (is that the bet that the pro-RMBS investors are making at this point)?
Once again, Lothar is nowhere to be found when RMBS takes off......
lame
Where has RMBS taken off to?
Where have you been the past 6 months?
IHateMyJob bought WFC earlier somewhere around $11 or $12.
FelixDeKat bought C at $1.
LegendKiller mentioned he bought BAC at $4 for family members.
I bought AXP at $10, and many people saw me posting evidence of my buying ACF at $3, $4, and $5 in both the current thread and last years thread. Feel free to search the forums.
Again I ask where have you been? Been sleeping under a rock?
What has Lothar been doing the past 3 months that he hasn't posted in this thread?
He has been busy doing overtime that's what. I get paid 1.5x doing overtime. Better return on the money than the stock market in most cases.
Originally posted by: eLiu
Hm I just started looking at stocks recently, b/c I realized I finally actually have some money to my name, and it isn't doing much for me in the bank. (Kinda wished I'd felt inspired earlier this year, since like everyone in this thread is head over heels for azurik and rmbs, haha
Anyway for the longer term, I've been looking at SUN, GE, PFE, CVS, and IBM for buys in the near future. Opinions/thoughts?
I may also set aside some money for experimenting/playing with these super cheap stocks that many posters here are so excited about. Sounds exciting.
Drop SUN, buy COP.
Drop IBM, buy HPQ.
Drop CVS, buy TEVA.
Drop PFE, buy JNJ.
Drop GE, buy ???.
From the valuation prescpective, I see good value in both PFE and JNJ.
However, I don't trust the executives at PFE that much and therefore have to give the edge to JNJ in management.
PFE has a BIG history of overpaying for acquisitions. Mega bloated acquisitions.
Lipitor hasn't proven to be a profitable investment. Neither has Celebrex and Bextra.
The merger between PFE and WYE smoothes out the kinks in their earnings report, but it by no means leads to "growth" for the company.
Pfizer's strategy seems to be...
?Buy company. Strip of immediately valuable pipeline assets and turn over to Marketing Hordes. Fumble with rest of drug discovery pipeline for a few years while trying to figure out where in the massive scheme of things its parts might fit. Realize that the stuff you bought is going off patent ? how time flies! Realize that you have too many sites and too many people ? close 'em down, lay 'em off. Realize that, for some reason, you have nothing new ready to sell. Go back to step one. Repeat for as long as there's another drug company.?
Originally posted by: Lothar
Originally posted by: PimpJuice
Originally posted by: jjsole
Originally posted by: Azurik
Lothar,
Where were you when RMBS rose 250% in less than two months?
He was still gloating over RMBS losing 65% the previous two months...
I haven't followed the RMBS case (altho the volatility is hard to miss.) What might happen with the Whyte meeting...can he disregard delaware and let his case proceed (is that the bet that the pro-RMBS investors are making at this point)?
Once again, Lothar is nowhere to be found when RMBS takes off......
lame
Where has RMBS taken off to?
That's fine, but I checked and you were still actively posting on the forums......just was funny how you disappeared from this thread when RMBS again more then doubled in value from when you were going against Azuriks optimism. That was a long time ago, don't get so worked up......
Originally posted by: PimpJuice
Originally posted by: Lothar
Originally posted by: PimpJuice
Originally posted by: jjsole
Originally posted by: Azurik
Lothar,
Where were you when RMBS rose 250% in less than two months?
He was still gloating over RMBS losing 65% the previous two months...
I haven't followed the RMBS case (altho the volatility is hard to miss.) What might happen with the Whyte meeting...can he disregard delaware and let his case proceed (is that the bet that the pro-RMBS investors are making at this point)?
Once again, Lothar is nowhere to be found when RMBS takes off......
lame
Where has RMBS taken off to?
That's fine, but I checked and you were still actively posting on the forums......just was funny how you disappeared from this thread when RMBS again more then doubled in value from when you were going against Azuriks optimism. That was a long time ago, don't get so worked up......
Where have you seen me actively post on the forums besides my Accord thread in the Garage?
My post per day has dropped from 4.10 to 3.95 in the last 2-3 months
I had to read 20+ pages to catch up. All were filled with RMBS junk and a few biotech speculations and nothing more.
I see that I didn't miss much.
As you can see, I also replied to other older posts that were months old and worth replying to, not just yours.
TRENDING THREADS
-
Discussion Zen 5 Speculation (EPYC Turin and Strix Point/Granite Ridge - Ryzen 9000)- Started by DisEnchantment
- Replies: 25K
-
Discussion Intel Meteor, Arrow, Lunar & Panther Lakes + WCL Discussion Threads
- Started by Tigerick
- Replies: 24K
-
Discussion Intel current and future Lakes & Rapids thread- Started by TheF34RChannel
- Replies: 23K
-
-
Facebook
Twitter