Saturday, December 16, 2017 7:35:10 PM
Unfortunately, I only bought 40 calls because I could not find anything on their plans for repatriation and thought it was riskier (and getting in now may be more so). I'm still holding 20, hoping it will surge again.
On a somewhat different note, I studied Walmart's buyout announcement in oct 2017. They announced a 20 Billion usd buyback over 2 yrs. Their stock surged 7 or 8 percent in a few days.
http://www.businessinsider.com/walmart-stock-price-20-billion-buyback-announcement-2017-10
Their market cap was a bit bigger than csco' I think they were around 240 billion at the time. Csco' s market cap now is about 190 Bil.
So best case if CSCO announced that they would put all their 70 bil overseas cash (maybe 60 Bil after 15 percent repatriation tax bill), I would expect a 20 to 30 percent surge in a short period of time, if the market responded similarly to the walmart announcement.
Variables of course include tax plan passing finish line, date of any potential buyback announcement, planned buyback amount, market cap at time of announcement, and market response.
Time will tell.
God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.
Recent CSCO News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/19/2024 12:22:04 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/19/2024 12:21:28 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 10:33:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 10:32:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 10:32:27 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/12/2024 08:30:21 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/12/2024 08:30:05 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/12/2024 08:19:08 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/05/2024 08:41:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 10:47:11 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/28/2024 08:12:57 PM
- Cisco Announces August and September Events with the Financial Community • PR Newswire (US) • 08/23/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 09:01:53 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/21/2024 08:24:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 11:42:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 11:41:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 11:40:47 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 08:29:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 08:27:26 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 08:26:55 PM
- Profit Taking May Lead To Initial Pullback On Wall Street • IH Market News • 08/16/2024 01:19:17 PM
- U.S. Stock Futures Rise Amid Investor Optimism, Oil Prices Dip but Head for Weekly Gains • IH Market News • 08/16/2024 10:05:09 AM
- Upbeat Retail Sales Data Contributes To Rally On Wall Street • IH Market News • 08/15/2024 08:38:51 PM
- U.S. Futures Rise on Easing Inflation, Oil Prices Rise • IH Market News • 08/15/2024 10:09:48 AM
- Cisco Beats Estimates and Announces Restructuring, Canoo Rises 6%, Lulus Losses Widen, Latest in Earnings • IH Market News • 08/15/2024 10:08:19 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
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PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM