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Welbilt, Inc. (WBT)
NYSE - Nasdaq Real Time Price. Currency in USD
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As of 03:25PM EDT. Market open.
217 reactions on $WBT conversation
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Called the company yesterday and they said the buyout is going to take 3-4 more months.
Why didn't PriceWaterhouseCoopers catch these errors? PwC needs to bring in some international tax experts - not the B team.
100 million volume today..
10 million or less volume by tomorrow..
I bet this stock will be down 5% or more tomorrow.
No doubt about it.
I just found out today of the hiring of Bill Johnson as CEO. I purchased a large quantity of shares this morning. Not only is the stock low and a steal at the price I got it at, Bill is a winner. I have watched him now for years and have purchased stock after he joins a new company. He will make the shareholders of Welbilt a nice profit.
What is going on with this stock (WBT)? They are being investigated, yet it is going up. Investors don't read or care about the news, or simply they have money to throw away!!!!
If you do the math....the buyout price minus debt divided by number of shares you get $20.05. Anything above that is short covering. Sell at $22.
Big players took their profit yesterday and retail investors who bought it late will loose more money if not selling yet
holding 8k shares I filed for suit.
Absolutely the wrong decision! There is no upside potential by accepting Ali Group's bid. With Middleby's offer, you had the potential for significant share price growth. At the end of the day what do we get? Just another short-sighted money grab by WBT's board.
$3.3B Bid, any price higher than this will make it overvalued!
Are we all bears for this stock? LMAOOO :D
Fair share price is $20.69
This stock will be trading around 8-9 by summer
Overbought. The acquisition price is $2.9B, current market cap is $3.2B. It's bound to shed about 10%
Any ideas where we going?
Don’t know what’s going on but too many people saying sell makes me want to hold
Should see a decent bounce today
It will be better in most cases if you take the stock instead of the cash since it won't be taxable immediately.
Just wonderful. Now we have to pay taxes on the profit. Take the Middleby offer.
What goes up, must come down!! Profit taking and shorts
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