Member Info for norrab1

JR: You obviously don't know the difference in investing Long or Short. Both legitimate tools.

ShareCast News) - Culture and media secretary Karen Bradley said she was "minded" to have Sky's proposed takeover by Rupert Murdoch's 21st Century Fox investigated over public interest concerns, after the European Commission was formally notified on Friday. In a statement Bradley said the government was "minded" to issue a European Intervention Notice "on the basis that I have concerns that there may be public interest considerations - as set out in the Enterprise Act 2002 - that are relevant to this proposed merger that warrant further investigation ".

It was always doomed to fail. I warned the 8% gamblers a few weeks ago.

Can't see it getting through the regulations after the Kraft/Cadbury debacle a few years ago also the precedent set on the Astra-Zeneca failed takeover.

Well if you read my posts you will see I predicted the fall to 7.50, which it will return to if the establishment refuse Rupert's latest foray.

http://www.express.co.uk/life-style/science-technology/759646/Sky-TV-Lose-Channels

I think with the loss of all the Discovery channels due to contract breakdowns it could affect Sky subscriptions adversely. http://www.wired.co.uk/article/sky-vs-discovery-in-tv-channel-battle

@ Lud: I agree it's not a true competitor, and you are not parking your money at 10% you are having a 3-1 gamble that "Roopert" (sic) pulls it off, I don't think he will and then the sp will drop back to the 7's. (as it was before the offer)

Sky not getting any benefit from BT's bad news today.........if it were a true competitor there would be a positive spin off.

Interesting day tomorrow! .............

In which continent???

Indeed, so many hurdles to overcome, if they are not surmountable then a 30% drop is coming.....

Indeed I am: Leeds v Derby holding a "Friendly" in March for this very purpose with live streaming. You will note both respective chairmen have had their issues with Sky. Nothing to be feared right now but the intent is there against the football monopoly. I am a subscriber to LUTV but obviously cannot legally watch live championship matches due to the regulations, however live "Friendlies" are perfectly ok. Guess they are just testing the waters.....

The big problem with the Football contract is the fact that many people are now streaming from many sources, (both legally and illegally) the matches of their choice. The paid satellite football channels are going the way of the music industry which suffered heavily from live streaming. Already we are seeing clubs organise their own live streaming for their fans.

Too much downside for new investors.

@PH: 22 million shares sold today would suggest some have their doubts!

I disagree with you Ludd, the risk/reward for new investors is too much bottom side. 10% potential profit versus 30%+ loss on the downside if as some fear it will not go ahead. hence the SP drop today. LTH's have no worries.

Absolutely would be delisted.

Rusty, of course it increases his % holding.

I Respect your "menace" sentiment, however I disagree with your SP forecast. This has a long way to go down yet, and when the restrictions are actually enacted is probably a more prudent time to "get in".