'Palm' pid='36683' datel Wrote:
'ltinvest' pid='36680' datel Wrote:I understand the expectation. My first request is for him to do the best deal. That will be far more important than a day or week one way or another. Again, people that are far more familiar with these negotiations than me seem to be pleased with the process and I know there has been plenty of dialogue between the parties. Hession and team are working hard.Yes, agree. His words per the transcript are:
"Yes. I’m hopeful that that will be finalized no later than January and actually, let me be cautious no later than January. Let me try and continue to under promise and over deliver."
I took those words to mean he (at that time) was hoping the process would be completed this month; certainly not a "promise". I could care less if the settlement goes into Feb to get the right deal. In fact I am planning on it possibly not happening this week, and others should too at this point. So with that in mind if you can't stomach a possible drop in pps (if you think that's what will happen), then trim here and buy after "the fall" or later. If you don't think pps can ever recover from any such fall or it will be a long time, then sell all or most and plan accordingly. But it's Wednesday in that part of the world and that doesn't leave much time. If you can't stomach a possibe drop or even the thought of it, then act now.
I agree with your thoughts Palm. A week later though Hession said the deal was essentially done and just being "papered". That worries me more than whether it occurrs Friday or two weeks from Friday. Unfortunately, I have no explanation for the discrepancy or delay (if there is one) and don't mean to imply anything negative. It just is what it is. But that is what he was telling people on the roadshow, FWIW.