• HFI
    $DELL, bought 10,000 shares of this bad boy today. I think the spread is too big to ignore now. @12.87.
    7/6/13
    Reply (10)
    • sundate36: I picked up some shares too. How likely is it that the "Special Committee" will let the stock fall to make James Chanos richer? :)
      7/17/13
    • HFI: I think if they delay the vote, the stock would probably stay at these levels. If they don't, then there's a good chance it will be approved
      7/17/13
    • sundate36: Wilson, what was the size of spread you are talking about? Can you give an example of data point?
      7/17/13
    • HFI: The spread is in regards to the buyout price of 13.65.
      7/17/13
    • sundate36: Wilson, I don't quite understand what Icahn's proposal implies for $DELL's share price. 13.65 is clear on M.Dell's side. But if Icahn has ..
      7/18/13
    • sundate36: his way then $DELL is valued at $14.00 at least?
      7/18/13
    • HFI: The deal is a little confusing. Essentially, he's going to tender shares at 14.00, which you will have the option to. After, he levers it up
      7/18/13
    • HFI: with debt and pay a special dividend, and also gives shareholders warrants. They are pricing the whole deal around 14.65 - 15.00.
      7/18/13
    • sundate36: I'm happy to see that $DELL is going back to Mr. Dell.
      8/2/13
    • HFI: I'm glad the investment worked out for you! =]
      8/5/13