G13Man
Short

Buy out fail

NYSE:HSY   THE HERSHEY COMPANY
58 1 3
The Hershy family trust has turned down other offers , they seem to be loyal to workers , state country , self
the offer of 107 is below where this price jumped up to of about 115
i am in the July 110 Put @ 2.63
have sold some already in the 3 to 5 range
has a long term hold possibility so i might actually exercise some puts if it drops enoughl
Comment:
snapshot

on resume of trading the stock dropped down to 107
and i sold my PUT , 3.40 & 5.oo

looking @ getting back in
Comment: this hit short term goal
, but it did not go up enough for me to short again ,
medium term it seems to be digesting the idea
i still think this price is above the bid
and the family trust is loyal to Pa and will not sell out
Trade closed: target reached: well the family DID REJECT the offer !
And price HAS remained in this higher area
i never did get back into a PUT
and think that this price will go side ways as an accumulation phase
since my account is still small , i will pass on this dividend play for now
snapshot


looks like the offer brought HSY up to a new support area , good for them
great i did not re PUT !
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out