April 24, 2013

NEW IDEA ON PBTH $PBTH $OPK

This post was just published on ZYX Buy Change Alert.

PBTH is a development stage biotech company. The company has received a takeout offer from OPK at $7 per share in OPK stock. The exchange ratio is 0.9951 OPK shares for one share of PBTH.

Deer Path Capital, a large holder of PBTH says that the offer is not adequate and PBTH is worth more than $10.

Here are the five scenarios.

PBTH is bought out by OPK at $7 a share.
A bidding war occurs and PBTH is bought out in the $9 to $10 range.
The deal falls through and PBTH falls to $3.50 to $5 range.

… Please click here or the title below to read more.

April 24, 2013

BEST NEWS FOR APPLE: TIM COOK TURNS INTO A SALESMAN $AAPL

tim cook image blog

It was a mixed earnings report for Apple . Earnings for the last quarter were good, but the projections for this quarter were ugly with Apple forecasting $33.5 billion to $35.5 billion in revenues, compared to a consensus view of $38.6 billion. Bears are also likely to seize on projected lower gross margins. Apple projects gross margins of 36% -37% for the next quarter vs. expectations for 38.5%.

For the last quarter, Apple reported $10.09 in earnings per share, about in line with the consensus. Revenues of $43.6 billion came in above the consensus of $42.4 billion. Also on the positive side, Apple sold 36.4 million iPhones compared to consensus of 35 million. … Please click here or the title below to read more.

April 24, 2013

APPLE EARNINGS PROVOKE INITIAL SOUND AND FURY, THEN NOTHING AND WORSE $AAPL

images apple 4-17-13

On Tuesday, my inbox was flooded after my last column, “Seven Reasons Not To Be Foolish Ahead Of Apple Earnings.” All of the emails were from readers who felt that they knew for sure what Apple was going to do after earnings.

About half of the email writers felt strongly that Apple would go up about $30 to $40 after the release; the other half felt that Apple would fall about $50 after the earnings call. These spreads were somewhat wider that what option premiums in Apple were indicating. Option premiums were indicating a move of about 7% after earnings, and that’s what the stock initially got.… Please click here or the title below to read more.

April 24, 2013