Seeking Alpha
  • Moses3rdeye
    Where does $DELL stock price go if Blackstone doesn't make an offer on Thursday?
    3/21/13
    Reply (6)
    • William Packer: 17.00 bid coming is my theory. Announcement tonight or Friday.
      3/21/13
    • Schwarzenblitz: PackRat, most of the -ve comments have been from cnbc analysts. Is there a chance they might be doing it to cover shorts (like cramer) ?
      3/21/13
    • William Packer: Hi schwarz, No way to be sure.. but I wouldn't be surprised. $BX probably wouldn't ask around for a new CEO if they weren't close to bidding
      3/21/13
    • William Packer: If no bid tonight then i would imagine the share price will tank hard monday... if it doesn't probably best to exit $DELL and avoid it.
      3/22/13
    • Moses3rdeye: Took a small short position at $14.13 I don't think an offer is coming from Blackstone, my gut feels shes gonna tank Monday morning.
      3/24/13
    • Schwarzenblitz: Yep...it has already taken a hit after-hours. I hope I can escape somewhat unscathed with my May '13 $15 calls
      3/24/13