Replies to post #1777 on Northern Tier Energy LP (NTI)

[pete807]

Any individual or institution holding any part of the 62% WNR does not already own would logically vote NO!!! at the feeble offer on the table. So what will the committee say when they speak? How many shares have been committed for some under the table reward?
Then there is the scenario that another player scoops up shares on sale while they are available at a lower than bid price. We should see WNR and NTI in lock step until something happens to justify buying or selling at much of a different (in comparison) price. Yet players play and energy is lumped in sympathy with any connected to it. Fear rules, risk is rewarded... or not, lol.

[bzusa]

Talking about the price WNR would pay for NTI
Last week, I wrote
“WNR would have to fall to about $36.50 (-$6, or more or 13%) to make the NTI offer stand where NTI closed today.”
I thought that that would be an outrageous fall.
7 days later WNR has closed at $36.73.

Last Friday, I heard that short interest in the Dow had reached a historically high level – looks like those shorts had it right.

REITS fell 4% on average today.
‘bout time, as the yield curve keeps compressing.