Official Let's Make Some Money Off Stocks Thread
07-02-2008, 03:12 PM
#221
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Originally Posted by AZDavid,Jul 2 2008, 01:50 PM
Go Stewie !
07-02-2008, 03:23 PM
#222
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hahaha. good one.
What does this mean?
Activision, Inc. (Nasdaq: ATVI) today announced that the Delaware Court of Chancery has denied the Wayne County Employees' Retirement System's request for a preliminary injunction relating to Activision's proposed combination with Vivendi Games, Inc., the interactive entertainment business of Vivendi S.A.
A special meeting of stockholders of Activision, Inc. will be held on Tuesday, July 8, 2008, to consider and vote on proposals to approve the transaction and related matters. If Activision's stockholders approve the transaction and the other matters to be considered at the special meeting, Activision anticipates closing the business combination on or about July 9, 2008.
A special meeting of stockholders of Activision, Inc. will be held on Tuesday, July 8, 2008, to consider and vote on proposals to approve the transaction and related matters. If Activision's stockholders approve the transaction and the other matters to be considered at the special meeting, Activision anticipates closing the business combination on or about July 9, 2008.
07-02-2008, 05:12 PM
#225
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Originally Posted by ExOdy,Jul 2 2008, 03:23 PM
hahaha. good one.
What does this mean?
What does this mean?
I hope it gets passed =( or else I am no longer long ATVI and I will sell my shares and burn the booklet ATVI sent to me.
07-02-2008, 06:11 PM
#226
Originally Posted by PearlwhiteS2k,Jul 2 2008, 05:20 PM
I bet tomorrow is going to be another scary day.
07-02-2008, 06:57 PM
#227
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Thread Starter
I bought 25 GM Jan 2010 $20.00 call options today before the close for $1.50. Too cheap had to act. GM's market cap is $5.6B WTF?!?!
Price $9.98
Market Cap 5.6B
Cash 21B
Cash/share $40
Hot damn! Screaming buy.
Price $9.98
Market Cap 5.6B
Cash 21B
Cash/share $40
Hot damn! Screaming buy.
07-02-2008, 07:22 PM
#228
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Originally Posted by cthree,Jul 2 2008, 06:57 PM
I bought 25 GM Jan 2010 $20.00 call options today before the close for $1.50. Too cheap had to act. GM's market cap is $5.6B WTF?!?!
Price $9.98
Market Cap 5.6B
Cash 21B
Cash/share $40
Hot damn! Screaming buy.
Price $9.98
Market Cap 5.6B
Cash 21B
Cash/share $40
Hot damn! Screaming buy.
07-02-2008, 07:29 PM
#229
Originally Posted by cthree,Jul 2 2008, 07:57 PM
I bought 25 GM Jan 2010 $20.00 call options today before the close for $1.50. Too cheap had to act. GM's market cap is $5.6B WTF?!?!
Price $9.98
Market Cap 5.6B
Cash 21B
Cash/share $40
Hot damn! Screaming buy.
Price $9.98
Market Cap 5.6B
Cash 21B
Cash/share $40
Hot damn! Screaming buy.
I wouldn't touch it as a long position right now. Especially with analyst targets going into single digits.
Your cash per share figure doesn't matter with all of their debt. The company is in so much trouble that it shouldn't even be operating currently.
07-02-2008, 07:52 PM
#230
Administrator
Thread Starter
Originally Posted by PearlwhiteS2k,Jul 2 2008, 11:22 PM
Why is GM worth looking at Erik?
They have 45B in debt and 180B in revenue with 4B in free cash flow.