Dell Technologies Inc (DELL)

[ElementaryInvestor]

what if he doesnt really want to buy dell,, releases awesome earnings and then the shares go way up,, then his shares are worth a lot more and instantly makes tons of cash! anything can happen

[Autom8]

my guess is the earnings suck, the stock tanks and investors will gladly take the 13.35 buyout!

[Autom8]

Earnings Tuesday the 20th, fireworks one way or the other!

[RickKayne]

We are going to touch $14.00 before,that IMO

[Autom8]

Question: do the March $13 puts know about the deal for $13.35?
I would think the stock sinking to $13.35 in next few sessions will increase the value of the $13, and $14 puts.

[Autom8]

I still say, get those March $14.00 Calls!!! they r cheap,Cheap, Cheap! and as a hedge get some March $14.00 puts!!!

[specutator]

Another Shareholder Opposes Dell Sale

Mutual fund firm T. Rowe Price joined the opposition Tuesday. T. Rowe Price and another shareholder, Southeastern Asset Management, believe that founder and CEO Michael Dell and the investment firm Silver Lake are being allowed to seize control and end Dell Inc.’s 25-year history as a publicly held company for too little money.

“We believe the proposed buyout does not reflect the value of Dell, and we do not intend to support the offer as put forward,” T. Rowe Price Chairman Brian Rogers said in a statement.
...
Southeastern, which came out against the proposed deal last week, argues that Dell is worth $23.72 per share, or about $42 billion. T. Rowe Price didn’t provide an estimate of what it believes Dell is worth.

http://dfw.cbslocal.com/2013/02/13/another-shareholder-opposes-dell-sale/

[RickKayne]

It's got a new attitude.
Time to re coup what I goofed on end of day Friday.

[Autom8]

It may be risky, but....
Im playing March options into the earnings tuesday! flat strangle
20 $13 calls, 20 $14 puts please!

[Thanksforplaying]

Game on. Mkt is telling us a higher bid is coming. Prob their plan all along. Im sure they have been buying millions of shares below 13.65 as od late. Wont have to pay more for that many shares

[stockmaker05]

LMAO you mad because you didn't make any money on this bad boy?! lol

[ElementaryInvestor]

Maybe they have factored having shareholder resistance and will go up from here,,, just a little plz

[RickKayne]

Would be nice for someone to come in and up this thang!!

For someone in Dells shoes to prove he is offering the best price available would be a tough feat.. Yet does he really have to prove he is..?
I read through some of the legal firms investigations I don't know if they have a snowballs chance, it would take a lot of resources, and expert data,

[RickKayne]

Let the Greenmailing begin.

[MONEYMADE]

WHAT A POS!

[RickKayne]

Come on Larry you are to arrogant not to make a bid.

[RickKayne]

Just read there is a forty five day "go shop" period, where others could make higher offers for the company..
No wonder the contracts weren't moving yesterday.
The issue is The deal is huge, and Mr. Dell who owns close to 17% wants to give himself a good deal. lol.(open to interpretation).
We shall see. Not betting on it, but holding a few calls that wee purchased last week.

[mkendra]

interesting volume and price surge 1/11 and 1/12.

[RickKayne]

Not sure the costs. It would most likely be an IBM, Orcl, or Asian co.
Chances are very slim, that happens.

[ElementaryInvestor]

If I read it correctly,, someone would have to thro in $450million just to bid? and $180million if they are close?

[RickKayne]

Free markets. If someone out there with the capital can pull it off, and wants to disrupt Michael bad enough, possibly..This is a very large deal so it's difficult to get the cooperation of another consortium, and move the needle.

[ElementaryInvestor]

Well the deal is not done yet,, are you still thinking it will be around 14.50 after all is said and done?

[RickKayne]

Time value.

[ElementaryInvestor]

Well if the buyout is 13.65 why is it trading at 13.3* ??

[audioguy]

Making money is not a bad thing! Thanks DELL for the $13.65 buyout!

[MrBankRoll]

Looks like another turd will be wiped from my portfolio automatically........

[MrBankRoll]

Dell to go private in $24.4 billion deal

SAN FRANCISCO (MarketWatch) - Dell Inc. DELL 0.00% on Tuesday said it has signed an agreement to take the company private in a $24.4 billion deal with Chief Executive Michael Dell and Silver Lake, a private equity firm. Under the deal, Dell shareholders will receive $13.65 in cash for each share of Dell common stock. The price represents a 25% premium over Dell's closing price of $10.88 on Jan. 11, 2013, before rumors of a deal boosted the price of Dell's stock. The deal will also be financed with a $2 billion loan from Microsoft Corp. MSFT +0.55% . Trading in Dell shares were halted early Tuesday.

[MsCoffeenut333]

share are not selling now
buyout in works

[ElementaryInvestor]

So options are completely worthless now?? dammit

[RickKayne]

They will pay you cash. Just how much is the question. Deals this size take weeks-months..
I don't think the large institutions are going to rollover and accept 13.60.
I say the Dell institutional players decline anything under 14.50 quickly..And go for 15+.

[ElementaryInvestor]

wth,,,

[inti23]

thanks! im sure delisting doesnt happen overnight either

[RxJoshRx]

People are buying now for the buyout. If you buy in at the 13.38 range its at right now and they reach a deal at $15, then you gain $1.62 in a short amount of time. More than likely you would get a tender offer to sell your shares or you could see at market value after the deal is reached.

[inti23]

sorry can someone pls tell me, if they delist, why is it good for us to buy now?

[Thanksforplaying]

Should be an interesting day!

[ElementaryInvestor]

$15 at least on Monday

"The Financial Times claims that Silver Lake's buyout offer for Dell has gone to $15 a share, up from somewhere between $13 and $14.25, if a tablet-induced leveraged buyout can be put together.

Barron's thinks large stockholders are pressing for $20 and the Wall Street Journal says Microsoft's role in the affair is a "sticking point" and "one of several issues being hashed out ahead of a final buyout agreement.""

https://dotnet.sys-con.com/node/2529461

[RickKayne]

The market was saying low 14's by activity Friday.. The market isnt always right.

There could be announcement Monday.
Think of it as a first firm offer.

[ElementaryInvestor]

Move dang it,, oh here we go

https://dotnet.sys-con.com/node/2529461

[ElementaryInvestor]

Sure there is, use your favorite search engine to search "DELL buyout"

[mgmuc]

are there any rumours? who will be involved in the deal?

[ElementaryInvestor]

No kidding,, just missed my sell by a couple points this am, could of doubled my position,, dang it, hopefully monday she goes boom.

[RickKayne]

Hopefully fireworks Monday.
This power hour is anything but..

Hope your team wins!
TGIF

[RickKayne]

The March 13.00 doesn't look bad @ .92 ask.

[RickKayne]

The market is saying 14-14.50
At the moment yes...
I'm not buying or selling until near EOD.

[RxJoshRx]

Well I got the volume pick up I wanted at 1 PM, just not the volume I wanted (sell volume). At 12:59 PM over 2 million sales and the stock went from 13.76 to 13.55 in that 1 minute span..

[Thanksforplaying]

A special dividend isnt going to happen. Makes no sense. They will be using the company cash to help finance the deal. Mkt is telling us the deal will prob be done around 14.5.

[RxJoshRx]

Trading has slowed a lot over the last hour or so..Stuck in the 13.78-13.80 rut. Need volume to pick up here going into the next hour or so and we could see a nice run.

[RickKayne]

Ive got a handful of Mar and Apr 13.00 and 14.00..we will see.
GL
Still looking for a strong close!!

[RxJoshRx]

Yea but wont help the weekly ones Im in! haha

[RickKayne]

Last hour is going to be great.
A $14 even close would be my guess.
There was a rumor of a cash dividend as part of the deal say 14/shr + 2bucks div.

The div portion should help the options players , I hope;).