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W@G2 02/20/30 for a 02/22/13 close
68.23 Kookiekook
PRAN - The best I was able to determine is that PRANA has launched its Phase II trial for Huntington Disease. According to information the study was filled in mid-December with a 4 week evaluation period (I would assume that was completed in Mid-January) followed by a 32 week trial of PBT2. Which would place completion around August and results usually take 3-4 weeks for compliation placing publishing around September. However there is a mid-term evaluation that is scheduled at 12 weeks or which would be Mid-April, and assuming time for compliation of data we should see prelimminary results in early May.
W@G2 02/19/13 for a 02/20/13 close
67.87 Kookiekook
67.00 rayrohn
Thank you Ray
Thank you Paul. Monday is a holiday so I presume the next W@G will be covering Tuesday and Wednesday (ie a 2 day wag).
Thank you Paul
Thank you Ray
flare9x - Various market segments are the "darling" of Wall Street at any given time. Right now Pharmecueticals do not appear to be in favor but that can change rapidly. In addition, there is the growing sentiment among some that the overall market is currently overpriced and a correction is needed. Eitherway, while a constant growth in your investments (or mine) would be nice it is not realistic. One of the reasons this board looks at pending catalysts is to determine if an external force can enhance the chance for gains.
W@G2 02/13/30 for a 02/15/13 close
67.67 Kookiekook
67.12 rayrohn
W@G2 02/11/13 for a 02/13/13 close
67.76 Kookiekook
Thank you Paul
Thanks Ray. It did go higher than I expected.
My Tax guy simply list the transaction on a 1040 under the section for stock transactions (ie Capital Gains) as MISC and provides a copy of the 1099 summary page with the tax form. He keeps a copy of the full 1099 on his computer and I keep one (in addition 1 is available on line from my broker) in case the IRS has questions.
Thank you Paul
Thank you Ray
W@G2 02/06/30 for a 02/08/13 close
67.67 Kookiekook
66.50 rayrohn
W@G2 02/04/13 for a 02/06/13 close
67.43 Kookiekook
W@G2 01/30/30 for a 02/01/13 close
67.52 Kookiekook
Sorry guys.
First Ray congratulations on the last W@G.
I went to the hospital for "routine" tests Friday. Now Five days later they finally released me. Seems whatever they done in the test accidently reprogrammed my defibrillator and while they got that fixed fairly quickly, they were afraid to release me until they were sure things were OK, primarily because I live alone.
I agree that a Golden Cross does appear likely, but look for the price to rise only 15-20% to the $4.00 to $4.20 range. There are too many unanswerred questions concerning the divestiture to go higher at this time.
Good W@G Paul
It should be noted that is has been reported that Cerebus had originally offerred to buy all of Supervalue for $900 million (or about $4.20/share) this offer was rejected.
While I had anticipated that would trading higher than $3.50 by now, it should increase to the $3.80-4.00 range on Friday. However might trade lower than $3.50 tommorrow.
When the divestiture and planned solicitation of stock by Symphony was announced, it was stated that the formal solicitation would be made public within 10 business days. Normally that would mean tommorrow (Thursday), but due to the holiday on Monday ten days is Friday. People not realizing the holiday may be disappointed in not seeing the formal solicitation tommorrow may drive the price lower. However, when the formal solicitation is made Friday the price should climb to near the offer price $4.00.
I also believe that a big institutional investor(s) has already decided to accept Symphony's offer and Symphony will acquire 20% of the company thru them, leaving only 10% to be filled by the market-place float.
W@G2 01/23/13 for a 01/25/13 close
67.57 Kookiekook
W@G2 01/22/13 for a 01/23/13 close
67.17 Kookiekook
66.50 rayrohn
Thank you for the response. I am aware that the tender offer when made (probably Friday, as will be 10 trading days) will be for up to 30% of the outstanding stock. The offer at $4/share is a ~12% premium to the current stock price. The problem is that until SVU divulges better information on what debts, future obligations and real assets remain after the divistiture of Albertson, Jewel-Osco, etc., it is not possible to place a real value (and therefore) stock price on the remaining company. As such, we can not determine if $4/share is fair or whether we can do better by holding out for higher stock price in the near future.
Good W@G Paul
I would have expected more details of the divestiture to have become public by now. While we know Symphony plans to announce a purchase offer of $4/share probably next Friday, it remains impossible to fairly evaluate the value of the remaining SVU. Things such as future liability, property ownership, remaining debts all need to be answerred.
While we understand Cerberus is a private corporation and entitled to certain privacy concerning its doings, etc. Supervalue is not and as such the stock-holders are entitled to have some of the many questions raised during the earnings conference adressed and answerred, so we may determine if we wish to remain owners of this company.
My Streaming Quotes from my broker (OptionsXpress) gives me limited level 2 information.
There is someone sitting with a sell order for 100K shares at 3.60. Until that ask is eliminated the upside is limited
Thank you Paul
Thank you Ray.
Gentlemen and Ladies,
We all have our own investment strategies, some of which work better in a particular market situation and others that don't. In addition, we all have our goals and expectations from entering contest loke this.
Some enter to fine tune their investment strategies. Some to investigate new strategies. Some to prove to themselves that they can be successful. And some to get new ideas on how to invest. As such, developing a contest to suit everybodies needs and desire is next to impossible. Because of that, there are people that have decided that this format do not fit their needs to spend the time to participate. And guess what, that is OK. Others have decided that this format fit their needs and decided to participate, and guess what that is also fine.
Remember there are hundreds of ways to win in any given market situation, but thousands of ways to lose. Let's all concentrate on what is important and that gaining the edge needed to survive and flourish in the market place.
Good luck to all that have chosen to participate and all those that have chosen not to participate. May we all succeed against our common "enemy", the stock market.
We all should extend our thanks to Sskillz for his efforts in running these contest.
Now can we put this pi**ing contest to rest.
W@G2 01/16/13 for a 01/18/13 close
66.43 Kookiekook
W@G2 01/14/13 for a 01/16/13 close
66.93 Kookiekook
Seeing that you are apparently low-income, I will assume that either you are elderly or on some form of public assistance.
If you are elderly contact your State Dept of Aging (Name might be different) and ask for them to help you work through this.
If you are on public assistance, try to locate a Legal Aid office.
Unfortunately I do not know anyone who has even been able to talk to Dent for over a year. The best we can tell is MKRO has no assets, has outstanding debts, and its financial records are in a shamble.
Because of the financila records situation, and its non-reporting status MKRO even has very limited value if any as a shell.
Depending on how and when you made the investment, might make a difference, but the only thing I can tell you is to check with either a tax professional or Security attorney. Dpending on the situation, etc, you may be able to claim a capital gains loss or some other form of deduction from your taxes.
If you pay to have your taxes done, it will not cost much or very little to explain the situation to your tax preparer and see what he says. Even the people at H&R Block etc can give you a little bit of general advice on what the tax consequences might be for a given senario.
Everyone's situation is different. In my case I checked in mid-Nov, and while I made a profit in the market last year, the carry-over capital gains lost from prior yeRA PLUS A CAPITAL gains loss on settlement of my parents estate, indicate for me not to sell last year. However without the loss, selling last year would have been advantageous from a tax standpoint.
Good W@G Paul
I expect a large number believe that, therefore I hope that a statement that negotiations are still on-going at this time is released instead with positive earnings information. And that the buy-out is announced later this month.
W@G2 01/09/13 for a 01/11/13 close
66.86 Kookiekook
65.50 rayrohn