03-13-2013, 08:10 PM
Sam-Management of the company does an excellent job of keeping the large shareholders in the loop.Management constantly updates these shareholders. There is zero reason to think any large shareholder should be disappointed. Yes there is a history here of large shareholders coming and going. Stanley Drunkenmiller, T Boone, Some Soros selling but thats true of all stocks.Many on this Board talk to management several times a week and they give out color not material information. On this Board also are some posters that work with IOC and they add color. Some of the posters on this board have been invested in IOC for well more than 10 years and they also add color from their conversations with their friends at IOC.
The problem is that the information changes and one gets a picture in time and like a clock changes time the information changes. Worrying about losing a large shareholder selling the stock handles well. Historically its no big deal.It may sell off a bit for a few days but always recovers. With a deal the stock and company will attract more investors large and small and IOC will get more stock coverage from Wall Street. Taking a picture in 2006 and today and IOC is just not the same company. And the stock price reflects those changes.
Remember Morgan is somewhat restricted on IOC, Macquarie coverage is suspended and UBS I would bet will pick up coverage as the deals are completed. So we have a strong line up of stock coverage post deal.That above all else will keep large shareholders in the stock and will attract other new large shareholders to IOC as an investment.
Everyone realizes there will be more deals and the FIRST deal is the hardest.
The problem is that the information changes and one gets a picture in time and like a clock changes time the information changes. Worrying about losing a large shareholder selling the stock handles well. Historically its no big deal.It may sell off a bit for a few days but always recovers. With a deal the stock and company will attract more investors large and small and IOC will get more stock coverage from Wall Street. Taking a picture in 2006 and today and IOC is just not the same company. And the stock price reflects those changes.
Remember Morgan is somewhat restricted on IOC, Macquarie coverage is suspended and UBS I would bet will pick up coverage as the deals are completed. So we have a strong line up of stock coverage post deal.That above all else will keep large shareholders in the stock and will attract other new large shareholders to IOC as an investment.
Everyone realizes there will be more deals and the FIRST deal is the hardest.