The strike price is usually higher
than the current market price of the asset when it is first traded but is usually valid for an extended period of time; and some warrants such as MINIs or perpetual warrants have no expiry dates.
GreatPoint told CNET in August that it can produce its natural gas product «bluegas» at about $ 4 per million BTUs (British thermal units), lower
than the current market price of nearly $ 7 per million BTUs.
The acquisition price, which was agreed on by both parties, is over 40 % higher
than the current market price of the shares which are listed on OTC markets.
Not exact matches
Once valued at more
than $ 1 billion, the
current market cap for Playboy Enterprises is roughly $ 96 million, about one - third
of its asking
price on the
market.
This purchase part
of the contract will specify either an agreed - upon purchase
price — which can be higher
than the
current market value, depending on the length
of the rental agreement — or include details
of when and how the
price will set in the future.
HelloFresh sold 31 million new shares in an initial public offering, giving it a valuation around 1.7 billion euros at
current prices — more
than double the $ 888 million (763 million euro)
market capitalization
of struggling Blue Apron (aprn).
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount
of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger
than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability
of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings;
market share and
price erosion caused by the introduction
of generic versions
of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect
of lowering
prices or reducing the number
of insured patients; the possibility
of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels
of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits
of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and
current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages
of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development
of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock
price, corporate or other
market conditions; fluctuations in the foreign exchange rate
of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
And now that the time for revisionist history has arrived, and strategists no longer have to serve a political agenda and scare investors and traders into voting with their wallets, the research reports calling for precisely the outcome that we expected are coming in fast and furious, starting with none other
than Goldman, whose chief strategist David Kostin issued a note overnight in which he says that «the equity
market response to the election result will be limited» and adds that «our year - end 2016
price target for the S&P 500 remains 2100, roughly 2 % below the
current level
of 2140.»
Examples
of such projects providing marginal benefits are: improving financial reporting systems through better information technology, minor tweaks to supply chain logistics, cutting back on
marketing or increasing low - cost advertising (like social media), «rationalization»
of head count, holding average wages as low as possible, squeezing suppliers a little bit, not repatriating earnings to stave off taxation, refinancing rather
than retiring debts, and the share buyback that is insensitive to a company's
current stock
price.
Whatever is the
current cause
of the rise
of prices in the housing
market, when computed as the mortgage cost in labour time in terms
of the average weekly salary, residential properties, with the exception
of the 1988 - 1991 period, are now clearly less affordable for middle - class Canadians
than they were for the last five decades.
Sometimes, it makes sense to sell a call option with a strike
price that is much higher or «further out
of the money»
than the
current market price or to select a three - month term instead
of a one - month.
(f) by causing Retrophin to enter into the Yaffe Consulting Agreement, as a result
of which Retrophin paid $ 200,000 in cash and issued 15,000 shares to Yaffe, resulting in a benefit to Shkreli
of more
than $ 600,000 (at
current market prices).
As a result
of these agreements, Retrophin paid out $ 2.8 million in cash and issued 11,000 Retrophin shares, and Shkreli diverted an additional 47,610 Retrophin shares for the benefit
of himself and his MSMB Funds, resulting in a benefit to him and to them
of more
than $ 4.5 million (at
current market prices).1
(i) by causing Retrophin to commence a litigation against Doe in order to coerce Doe into giving Shkreli Doe's Fearnow Shares, and by causing Retrophin to enter into a settlement with Doe whereby Retrophin paid $ 100,000 and Doe delivered 50,000 shares to Shkreli, resulting in a benefit to Shkreli
of more
than $ 1.4 million (at
current market prices).
(d) by causing Retrophin to pay cash to himself, Biestek, and Fernandez so that he would not have to invest $ 731,778
of his own funds in the February PIPE, and by using PIPE proceeds in contravention
of the terms
of the Securities Purchase Agreement to fund investments by Shkreli, Biestek and Fernandez, resulting in an additional benefit to Shkreli alone
of $ 360,000 in cash and 180,000 Retrophin shares and warrants worth more
than $ 5.3 million (at
current market prices).
As a result
of these agreements, Retrophin paid out $ 200,000 in cash and issued 581,000 Retrophin shares, resulting in a benefit to Shkreli and his MSMB Funds
of more
than $ 17.3 million (at
current market prices).
(j) by causing Retrophin to enter into a settlement with Jackson Su whereby Retrophin paid $ 107,638 and Shkreli received 126,388 shares, resulting in a benefit to Shkreli
of more
than $ 3.7 million (at
current market prices).
To do so would either create massive hyperinflation (devaluation)
of our
current fiat currency, massive swings (politically rather
than market driven) in the
price of the metal, or create such a high conversion rate as to be nearly meaningless.
While most industry pundits continue to believe that the OPEC cuts / shale growth tug -
of - war will continue to cap oil
prices, the
current mood in the
market is a bit merrier
than it was two years ago, one year ago, or even one month ago.
Additionally, Amazon workers earning six - figure salaries can afford more expensive apartments
than the
current median
price, indicating much
of the new construction will be at the luxury end
of the
market to appeal to these workers.
With more
than 40 years
of experience in resource investment, and an insiders view
of the mining industry, Rick Rule is in a great position to see the
market currents that could lead to much higher
prices for raw materials going forward.
As usual, I don't place too much emphasis on this sort
of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion
of already high
price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for
market losses, particularly given that the
current bull
market has now outlived the median and average bull, yet at higher valuations
than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period
of internal divergence as measured by breadth and other
market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk
of an oncoming recession, which would become more
of a factor if we observe a substantial widening
of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
The
current share
price gives the company a
market cap
of more
than NIS 40 million.
This forced the professionals that managed these funds to sell off stocks that they knew were worth substantially more
than the
current market price in order to come up with the cash for those who wanted out
of the fund.
Our proven stock trading strategy is based on trading either side
of the
market by simply reacting to
current price action in front
of us, rather
than making predictions about
market direction.
we can't even get rid
of players that have barely mannered to us for several years... which is incredibly annoying considering that our beloved owner would never risk his own financial resources whether he brought in some new blood or offloaded several failed Wenger projects for less
than market value... he would simply make a little less and the burden would fall squarely on other sources
of income, primarily us... I don't know about you but I would gladly use all the money they have been stockpiling to rid ourselves
of those that don't meet acceptable standards and to replace them with a few higher
priced gems... I know, I know, Wenger and his minions have been scouring the globe for years now to find anyone that was as good as our
current lot to no avail, but I've just got to believe there must be two or three guys somewhere out there that can play this crazy game
Time for some brutal honesty... this team, as it stands, is in no better position to compete next season
than they were 12 months ago, minus the fact that some fans have been easily snowed by the acquisition
of Lacazette, the free transfer LB and the release
of Sanogo... if you look at the facts carefully you will see a team that still has far more questions
than answers... to better show what I mean by this statement I will briefly discuss the
current state
of affairs on a position - by - position basis... in goal we have 4 potential candidates, but in reality we have only 1 option with any real future and somehow he's the only one we have actively tried to get rid
of for years because he and his father were a little too involved on social media and he got caught smoking (funny how people still defend Wiltshire under the same and far worse circumstances)... you would think we would want to keep any goaltender that Juventus had interest in, as they seem to have a pretty good history when it comes to that position... as far as the defenders on our
current roster there are only a few individuals whom have the skill and / or youth worthy
of our time and / or investment, as such we should get rid
of anyone who doesn't meet those simple requirements, which means we should get rid
of DeBouchy, Gibbs, Gabriel, Mertz and loan out Chambers to see if last seasons foray with Middlesborough was an anomaly or a prediction
of things to come... some fans have lamented wildly about the return
of Mertz to the starting lineup due to his FA Cup performance but these sort
of pie in the sky meanderings are indicative
of what's wrong with this club and it's wishy - washy fan - base... in addition to these moves the club should aggressively pursue the acquisition
of dominant and mobile CB to stabilize an all too fragile defensive group that has self - destructed on numerous occasions over the past 5 seasons... moving forward and building on our need to re-establish our once dominant presence throughout the middle
of the park we need to target a CDM then do whatever it takes to get that player into the fold without any
of the usual nickel and diming we have become famous for (this kind
of ruthless haggling has cost us numerous special players and certainly can't help make the player in question feel good about the way their future potential employer feels about them)... in order for us to become dominant again we need to be strong up the middle again from Goalkeeper to CB to DM to ACM to striker, like we did in our most glorious years before and during Wenger's reign... with this in mind, if we want Ozil to be that dominant attacking midfielder we can't keep leaving him exposed to constant ridicule about his lack
of defensive prowess and provide him with the proper players in the final third... he was never a good defensive player in Real or with the German National squad and they certainly didn't suffer as a result
of his presence on the pitch... as for the rest
of the midfield the blame falls squarely in the hands
of Wenger and Gazidis, the fact that Ramsey, Ox, Sanchez and even Ozil were allowed to regularly start when none
of the aforementioned had more
than a year left under contract is criminal for a club
of this size and financial might... the fact that we could find money for Walcott and Xhaka, who weren't even guaranteed starters, means that our whole business model needs a complete overhaul... for me it's time to get rid
of some serious deadweight, even if it means selling them below what you believe their
market value is just to simply right this ship and change the stagnant culture that currently exists... this means saying goodbye to Wiltshire, Elneny, Carzola, Walcott and Ramsey... everyone, minus Elneny, have spent just as much time on the training table as on the field
of play, which would be manageable if they weren't so inconsistent from a performance standpoint (excluding Carzola, who is like the recent version
of Rosicky — too bad, both will be deeply missed)... in their places we need to bring in some proven performers with no history
of injuries... up front, although I do like the possibilities that a player like Lacazette presents, the fact that we had to wait so many years to acquire some true quality at the striker position falls once again squarely at the feet
of Wenger... this issue highlights the ultimate scam being perpetrated by this club since the arrival
of Kroenke: pretend your a small
market club when it comes to making purchases but milk your fans like a big
market club when it comes to ticket
prices and merchandising... I believe the reason why Wenger hasn't pursued someone
of Henry's quality, minus a fairly inexpensive RVP, was that he knew that they would demand players
of a similar ilk to be brought on board and that wasn't possible when the business model was that
of a «selling» club... does it really make sense that we could only make a cheeky bid for Suarez, or that we couldn't get Higuain over the line when he was being offered up for half the
price he eventually went to Juve for, or that we've only paid any interest to strikers who were clearly not going to press their
current teams to let them go to Arsenal like Benzema or Cavani... just part
of the facade that finally came crashing down when Sanchez finally called their bluff... the fact remains that no one wants to win more
than Sanchez, including Wenger, and although I don't agree with everything that he has done off the field, I would much rather have Alexis front and center
than a manager who has clearly bought into the Kroenke model in large part due to the fact that his enormous ego suggests that only he could accomplish great things without breaking the bank... unfortunately that isn't possible anymore as the game has changed quite dramatically in the last 15 years, which has left a largely complacent and complicit Wenger on the outside looking in... so don't blame those players who demanded more and were left wanting... don't blame those fans who have tried desperately to raise awareness for several years when cracks began to appear... place the blame at the feet
of those who were well aware all along
of the potential pitfalls
of just such a plan but continued to follow it even when it was no longer a financial necessity, like it ever really was...
The difference is that a stock option plan gives the employee the option to buy the stock at a particular
price — a
price that may be lower
than the
current price of that stock in the open
market.
The
price of PS Plus will be seeing an increase due to «
current market conditions» according to Sony, and no further comment was offered other
than that.
Otherwise, there's little else to wary
of here — the ravages
of time have been remarkably kind to the 370's shape, particularly with this NISMO model's new styling enhancements, and though some new competitors have come to
market since the
current generation debuted in 2009, this car still occupies a fairly vacant space on the sporting car spectrum — that
of a naturally - aspirated, rear wheel drive two - seater with more firepower
than the FR - S / BRZ twins — and a
price that starts just north
of thirty grand.
After all, since 1929 we've suffered through 20 bear
markets where stock
prices have fallen 20 % or more, and even before the
current turbulence, we've endured 26 corrections
of at least 10 % but less
than 20 %.
When the Vancouver condo
market turned in 2008 many pre-sale buyers found themselves with a contract
price that was much higher
than the
current value
of the unit.
As a seller, you should be prepared to accept less
than your asking
price if the offer is still in the acceptable range for comparable properties and reflects a realistic assessment
of current market conditions.
For instance, when the Vancouver condo
market turned in 2008 many pre-sale buyers found themselves with a contract
price that was much higher
than the
current value
of the unit.
owes more on the mortgage (s)
than the original
price or the
current fair
market value
of the home, 3.
When what you owe on your mortgage becomes less
than 80 %
of the home's 1) purchase
price, or 2)
current market value (whichever is less), you can and should ask your lender to cancel PMI.
As described in my introduction to the concept
of the MCTWI, in times
of high valuation your stock
market investments are actually worth less
than their
current price.
Are the
current large
market leaders enjoying higher stock
prices simply because
of their position as larger weights in the overall
market funds (into which vast sums
of money are pouring every month), rather
than because they are good profitable companies with fair valuations?
It is not uncommon to see informed investors, such as a company's own officers and directors or other corporations, accumulate the shares
of a company
priced in the stock
market at less
than 66 %
of net
current asset value.
: They're a government endorsed (despite recent complaints) oligopoly (the top 4 airlines control over 80 %
of the domestic
market), their balance sheets & labour benefits have been restructured, and their
current pricing power was unheard
of little more
than a decade ago.
So with limited potential upside and significant downside (if the remerging
of the entities can not be achieved), I will be holding my position and possibly even pruning it if Mr.
Market becomes exuberant, rather
than increasing my exposure, even though, at the
current share
price of $ 3.07, there is a 16 % upside to the implied liquidation value.
As described in my introduction to the concept
of the MCTWI, in times
of high valuation (like today) your stock
market investments are actually worth less
than their
current price.
An investor with a long position can set a limit order at a
price higher
than the
current market price to gain profit while investors with short position may set this type
of order below the
current or present
price as the initial target to manage risks along the way.
Buy (take the long position) 1 out -
of - the - money call with a higher strike
price than the
current market price
So, for example, if there is a manufacturing company whose
current stock
price is less
than the total
market value
of all its assets including plant, machinery, land, cash in bank, etc, then it qualifies as an undervalued stock.
At any time, and for most issues, G&D have correctly observed that for the stand - alone going concern, the
market price of its common stock is likely to be influenced much more by
current earnings
than by
current book value.
For that and other reasons, the financial
markets price mortgage REIT shares to offer a drastically higher
current yield
than other kinds
of REITs.
EPS will need to increase from $ 3.46 in 2009 to more
than $ 6 by end
of 2010 to justify the
current market price.
The potential for immediate cost cuts, ARGO's specialized skill set & experience, and its PE / hedge fund fee structure more
than justify a 3.75 %
of AUM
price tag — which is at a significant discount to other PE / hedge fund asset managers»
current market valuations.
Based on many studies covering a wide range
of regions and crops, negative impacts
of climate change on crop yields have been more common
than positive impacts (high confidence)... Since AR4, several periods
of rapid food and cereal
price increases following climate extremes in key producing regions indicate a sensitivity
of current markets to climate extremes among other factors (medium confidence).