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Grab heads for public market as investors approve SPAC deal
The combined entity will list on Nasdaq on 2 December
Olin Corporation (OLN)
NYSE - NYSE Delayed Price. Currency in USD
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Took advantage of this drop and picked up some shares near the low this will recover fast.
New high today. Quality stock that will benefit from surging gun sales and infrastructure money.
So, $1B stock repurchase is about 16M shares at $60 per share. With about 160M shares outstanding, that's about 10% of the outstanding shares. Does anyone think that should equate to about a 10% increase in share price? (Not including any impact on share price by cleaning up the balance sheet with the tender offer on senior notes). The analysts I follow have a target price around $72 per share prior to the buyback and tender offer, so adding another 10% to that would make a new target about $80. At the current share price of $60, that could mean anther 30% up from here. Not sure I'm figuring correctly, any thoughts?
Incrediable run. $OLN up 40% in less then 2 months. May pull back some before going higher, and maybe not. GLTYA
Up on low volume, the buyback hasn't even started. IMO
OLN graph is outstanding . It’s quietly moving in the right direction . I wish I had more $ to add to dips. Is this company considered an inflation hedge ? Gotta say, I really don’t understand inflation plays. I’m sticking with OLN, AA, SIG, INMODE, AFRM , UPST, BOOT, BAC.
The chemical maker’s revenues surged 62.8% year over year to $2,340.1 million in the (3rd) quarter.
$70 before 2022 looks very possible
What can I say this is boring after buying a big block of DWAC yesterday at $10.80. Some very smart people are here excluding me but at least OLN will pay my beer tab this weekend.
On Friday, October 22, 2021 at 9:00 a.m. EST, Olin's senior management team will review the company's third quarter 2021 financial results.
RBC Raises Price Target I am sure they have a crystal ball that they don't want to crack. Earnings overall have been coming in strong the start of the quarter we might see a 14% move up tomm.
The cryptocurrency market is now worth more than the world’s most valuable company after bitcoin and several leading altcoins surged in price on Thursday.
The global crypto market cap is now $2.37 trillion (£1.73tn), overtaking the $2.33tn market cap of Apple.
The market has been boosted by a resurgent bitcoin, which has risen by more than a third since the start of October.
The world’s most valuable cryptocurrency hit a new five-month high this week, reaching above $58,000 to close in on its record all-time high of $64,000.
Argh what a terrible week. I appreciate the positive posts. I’m up only 13% now which is less than others I own but I’m hanging in there .
$Asan $INMD $ SIG $OLN $AFRM
Very good man in investor relations. Ivy league education I bought at 11 after a initial conversation OLN may not be high tech but phone trees an call back numbers never returned does nothing for shareholder loyalty.
nice upgrade to $70 a share but will it hold today?
Target Raised by Barclays Equal Weight USD 54 » USD 61
Target Raised by RBC Capital Outperform USD 70 » USD 81
Target Raised by JPMorgan Chase Overweight USD 64 » USD 85
Nice volume this morning breaking a new 52 week high. $60s is coming
Why is the stonk selling off today
LEO THE LION
The most steady in my portfolio haha! This is a gem! I'm glad I bought it last year. And another price target raise just recently 😀Heeehaawww!
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