In my opinion dividend investors who have seen a gain of $1 to $2 on Monday should do well to take the profit immediately and forgo the $0.36 dividend altogether. Under no circumstances should anyone buy the stock at these levels, i.e. $42-$43 for the dividend as TMP is almost guaranteed to fall back to $40 or even lower within days of the ex-dividend date.
Illumina (NASDAQ:ILMN) Has Very Small Upside At These Levels
Barring the unlikely event that another suitor may step in and start a bidding war, investors buying at these levels will likely see ILMN drift down to as low as $50 over the next 6-7 months. Eventually if they have managed to hold on, they will have the opportunity to tender their shares at a price almost as high as the current market prices.
Low-Risk Opportunity In Piedmont's Tender Offer For Crescent Financial
On Tuesday November 8th, Piedmont Community Bank Holdings (a privately owned bank holding company) announced a tender offer for shares of Crescent Financial (NASDAQ:CRFN), a bank holding company that owns Crescent State Bank at $4.75 per share in cash. The tender offer expires December 7 2011.
Time Frame Of Google And Motorola Mobility's Merger Is Uncertain
The acquisition of Motorola Mobility (NYSE:MMI) by Google (NASDAQ:GOOG) is one of the biggest M&A deals in the tech space for 2011. At or right before the closing of the deal, the $39 calls will be worth $1.00 (as Google is buying MMI for $40 a share) giving the call buyers a nice return of $.35 for the calls they bought for $.65.
The End Of The Gold Boom And Resurgence Of Deflation Fears
In an article July 12, I forecasted the beginning of a bear market. The market averages have dropped over 10% since. The one safe-haven for investors has been gold - whether in its physical form (bullion) or as a security via the many ETFs tracking it, or even the shares of gold miners - gold has seen a meteoric rise over the past month, as the equity markets were getting crushed.