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March 18: Blackstone (BX) Private Equity is reported to be considering a bid for DELL.
Cnbc tried to bring it down pre mkt. Looks like market is taking it back
I'm waiting for it to go up and fill that gap at $14.61
How far can this go w/o a peep from Ichan. It's been climbing steadily.
I hoping for above 15 but 15.00 is about 15% above the first offer..
missed yesterdays sell by 1 stinking dollar!!! and today, well no sell again,, 2mro maybe?
glta
READ THIS:For Icahn, a Game of Chicken With Dell’s Board
http://dealbook.nytimes.com/2013/03/07/for-icahn-a-game-of-chicken-with-dells-board/
Im heavily loaded on April $15 calls at .12
DELL Wedge Forming
Ofy! Im sure he will even settle for 5 bucks. Be a 500 mil payday for him
Carl Icahn promises "years of litigation" for Dell (DELL -0.1%) if it doesn't combine a vote on its LBO with one for an annual meeting in which Icahn will propose a friendly slate of directors, in a letter to the board. Icahn also suggests Dell would only have to raise $4.26/share ($5.25B) in new debt to finance his $9/share dividend.
sold the March $14.00 calls, think Ill move into April series $15.00 calls now.
Icahn seeks special dividend of $9.00/share on top of the $13.65 buyout price! so....are we gonna see this thing goto $22.65/share?
That's what I was waiting for.
Definitely in play. No question. Icahn plays for dollars not pennies. He's in with approx 100 million shares. That is a very large bet.
15.50 if Mr. Dell stays involved in the bidding.
IMO
Cnbc reported today carl ichsn has bought around 6 percent of dell! Thats huge! Game on! He reportedly wants a 9 buck share special dividend. This thing is going way higher!
Michael Dell and Silver Lake may need to raise the price to about $15 a share to win investor support, Abhey Lamba, an analyst at Mizuho Securities Inc., said in an interview.
Top Shareholder Urges Dell to Open its Books, Repeats Opposition
Read more: http://www.foxbusiness.com/technology/2013/03/05/leading-shareholder-calls-on-dell-to-open-its-books/#ixzz2MgM93kL2
Tuesday, March 5, 7:16 AM Southeastern Asset Management and Longleaf Partners send a Demand Letter to Dell (DELL), noting again their displeasure with the buyout deal. Interestingly, Southeastern has been selling Dell stock, more than 1.5M shares over the past month (it still owns 146.6M shares). Dell +0.4% to $14 premarket.
Everest Group Names Dell Services as Leader in Healthcare Provider Application Outsourcing Service Providers
and once again I say,,, yay.
There was some big volumes, and the spike of 14.10 was significant...MACD was overheating big time! show your cards dell!
Fridays action was very strange, we will know more this week about the buyout! hope the deal gets cancelled!!!!
Trading like a new bid coming. Maybe monday?
wow this is acting like a little pinky with a quick pump n dump,,, who did that?
DELL, LOOK AT MACD
DELL.. CAN YOU RUN TO $15
YES!!! GO DELL GOOOOOOOOOOOO
DELL IS A SQY BOX NOW !!! WEEEEEEEEEEEEEEEEEEEEEEEEEEEE
DELL WHOOOOOO HOOOOOOOOOOOOOOOOOOOO
DELL COME ON $13.96
Big Move (.04) COME ONN!!!!!!!!!!!
lol,, didnt seem to help those calls yet :(
DELL [[{{WHOOP_WHOOP}}]] MOVEMENT ALERT! DELL [[{{WHOOP_WHOOP}}]] MOVEMENT ALERT!
I know, this sideways stuff sucks!!
the stock looks overbought to me, the slightest hint of a deal falling through and this thing is back to sub $9. on the other hand this could run to $15 with enough analyst speculating buyout prices should range $16-24 / share! I have my strangle in place, March 13 $14 calls and March 13 $14 Puts. MOVE THIS MOTHER!
Deal probably falls thru, for the mean time at least. What is it that he wants to do "private" that he cannot do public to increase the value of the company?
Recent acquisitions and investments,, why turn it around private?
Falls thru or $18 would be my guess,, just a guess.
Southeastern Asset Management says Dell's value should be set closer to $24 per share.
Dell reported fiscal fourth-quarter net income of $530 million on revenue that was down 11%, at $14.3 billion, from a year ago. But excluding special items, such as acquisition costs, it made $702 million, more than Wall Street was expecting on that same basis.
The Street expected net income of $676.2 million on revenue of $14.1 billion. Those estimates usually exclude special items. And excluding special items, Dell reported earnings of 40 cents per share, compared with the 39 cents forecast by a survey of estimates from Thomson Reuters.
many of those outraged by Dell's decision to take the company private on the cheap seem to be recent investors in Dell that see an opportunity to squeeze out a higher bid on a short-term trade. Moving forward, I expect the deal to get done at a higher price than $13.65, possibly as high at $16.50. There are enough large and motivated shareholders that are willing to take the risk of the deal falling through to force a higher price.
Agree! anything can happen here
well my comment was posted with just a bit of sarcasm,, and DELL is not a pinksheet stock, those are the stocks that do a pump n dump,, you know announce a buyout then it doesn't go thru while the owners dump their shares at top prices. cant happen here. (note sarcasm once more)
glta!
Thats just silly. If earnings are good will prob see a higher bid come in quickly from that group. If crappy results will trade closer to 1365. But end of the day i see a higher bid coming in. Im sure they were planning on it from day one. The longer they dont have to the more stock they can buy back which they are doing right now
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Dell Computer Corporation
http://www.dell.com
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