I am absolutely kicking myself for not taking a shot on some out of the money calls on ROH. Local company, knew they had an airtight contract, know people who work there that said without question that the deal would be going down, etc.
Woulda, coulda, shoulda, and unfortunately, that ship has sailed. But at this point, anyone think Dow could be a good investment? Obviously for $78 in cash, this purchase was atrocious, but it seems like that is already reflected in the share price as this thing will probably open below $6 a share tomorrow. And they are acquiring an extremely profitable business.
I like this a lot at $6 a share. Not saying short term it won't go down as who knows what the shorts will do to this tomorrow, but longer term, i.e., a year from now, is there any reason to think this doesn't at least get back into the teens?
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