New Evidence Questions Whether InterOil Actually Received A Bid From A Supermajor For Its Asset Selldown [View article]
I agree with your point Dan but there is similarly no "evidence" that there is a bid by a Supermajor. I am an attorney by training and Mulacek's statements are not clear enough to be treated as evidence either. I say the jury is still out.
In analyzing Netflix's better programming, beware of a self-fulling prophesy. Do you remember the Miller Lite beer challenge a number of years ago at the Super Bowl? They took a bunch of Bud Lite drinkers and did a blind taste test. About half of them chose Miller. That was supposed to be a great coup. The problem is that they ONLY had Bud Lite drinkers and it would only be normal in a blind taste test for some to choose Miller. When analyzing Netflix's claim that many of their most popular titles are not available on other services, it may be true that the most popular Amazon Prime rentals are not available on Netflix. It is not a logically sound argument.
A Side By Side Comparison Of Cove Energy And InterOil's Bidding Processes [View article]
Here's the rub. Let's assume that the longs are correct and that it does in fact take investment bankers an inordinate amount of time to evaluate a deal, which is highly unlikely. I ask the longs, at what point to you begin to question your assumptions? If you are short, every day without an announcement is further support to your position. If you are long, what are you hanging your hat on in terms of a deal being announced? Silence?
A Side By Side Comparison Of Cove Energy And InterOil's Bidding Processes [View article]
Here's the rub... It simply doesn't take this long for an investment bank to evaluate bids. I have stated before, and stand behind my opinion, that no bid will be announced this month or next...
A Side By Side Comparison Of Cove Energy And InterOil's Bidding Processes [View article]
Psych, I stand by my statement. I do not believe that there will be ANY deal announced in the next two months at least. I will either be right or wrong but if history serves as any guide, I like my odds.
A Side By Side Comparison Of Cove Energy And InterOil's Bidding Processes [View article]
Once again, IOC longs will come up with any excuse to justify IOC not fulfilling it's promises. The bid deadline was February 28, not disputed by anyone. Competent investment bankers have been hired by IOC - doesn't seem to be disputed. It does not take over a month for qualified bankers to evaluate a limited number of bids. That is their job. It may take some time to commit a deal to paper but not to announce the deal in the first place. IOC has been noticeably quiet about the whole process at this point. Why not say something like, we have accepted a bid, details to be provided in a PR shortly. Even, we have narrowed to two bidders who are ______ and expect a second round of bidding. The problem with a press release like this is that you are forced to name other companies who will quickly confirm or deny the information. I believe that IOC cannot make a release because there is nothing specific to release. There is no major bidder and they will delay just as long as they can. Watch and see. You are certainly free to dispute my theory but I would be willing to wager anyone on SA that there will be no definitive deal announced during the month of April or May.
I'm still waiting for the March announcement of their chosen partner. Oh, wait a minute, it's April. Now I'm waiting for the article quoting the IOC press releases about their imminent partnership to be announced by end of March. Why isn't anyone asking questions?
I don't typically post continuous updates on my trading. I was long AVF as disclosed and did not trade my position until well after the three days stated in my disclaimer.
Take a look at the chart and see how far it's come. It's worthless without a dividend so there have to be people out there who think it's coming back. I believe that the two year dividend suspension is up shortly so June will be the test.
New Evidence Questions Whether InterOil Actually Received A Bid From A Supermajor For Its Asset Selldown [View article]
New Evidence Questions Whether InterOil Actually Received A Bid From A Supermajor For Its Asset Selldown [View article]
New Evidence Questions Whether InterOil Actually Received A Bid From A Supermajor For Its Asset Selldown [View article]
New Evidence Questions Whether InterOil Actually Received A Bid From A Supermajor For Its Asset Selldown [View article]
New Evidence Questions Whether InterOil Actually Received A Bid From A Supermajor For Its Asset Selldown [View article]
New Evidence Questions Whether InterOil Actually Received A Bid From A Supermajor For Its Asset Selldown [View article]
Which Company Will Buy Netflix? [View article]
In analyzing Netflix's better programming, beware of a self-fulling prophesy. Do you remember the Miller Lite beer challenge a number of years ago at the Super Bowl? They took a bunch of Bud Lite drinkers and did a blind taste test. About half of them chose Miller. That was supposed to be a great coup. The problem is that they ONLY had Bud Lite drinkers and it would only be normal in a blind taste test for some to choose Miller. When analyzing Netflix's claim that many of their most popular titles are not available on other services, it may be true that the most popular Amazon Prime rentals are not available on Netflix. It is not a logically sound argument.
A Side By Side Comparison Of Cove Energy And InterOil's Bidding Processes [View article]
A Side By Side Comparison Of Cove Energy And InterOil's Bidding Processes [View article]
A Side By Side Comparison Of Cove Energy And InterOil's Bidding Processes [View article]
A Side By Side Comparison Of Cove Energy And InterOil's Bidding Processes [View article]
A Side By Side Comparison Of Cove Energy And InterOil's Bidding Processes [View article]
Comparative Analysis Of Interoil [View article]
AIG With A 7% Yield [View article]
AIG With A 7% Yield [View article]