damarcop...@gmail.com wrote:
> CME's price point is too low. It grossly undervalues the market
> potential. It baffles me why Nymex is budging and eager to sell - i
> mean the management. Interestingly, the Nymex team has been
> consistenly selling their stock since its IPO. SEC should back this
> down offer and ensure that retail and individual investors like me or
> protected instead of filling the coffers of the mangement.

> NYMEX Shareholder

damarcop...@gmail.com wrote:
> The saga continues -> Insiders exercising their cheap options and
> selling the stock -> paying members less fees -> while retail
> shareholder like me struggle -> i still cant understand why the hurry
> to sell NYMEX when the whole world is screamming for lack of raw
> materials and commodities (which NYMEX enables to trade). SEC needs to
> review this proposal before CME buysNYMEX cheaply.

> damarcop...@gmail.com wrote:
> > CME's price point is too low. It grossly undervalues the market
> > potential. It baffles me why Nymex is budging and eager to sell - i
> > mean the management. Interestingly, the Nymex team has been
> > consistenly selling their stock since its IPO. SEC should back this
> > down offer and ensure that retail and individual investors like me or
> > protected instead of filling the coffers of the mangement.

> > NYMEX Shareholder

damarcop...@gmail.com wrote:
> I am with Mr.Capozza on this. The volumes are rising in NYMEX
> platform, the revenues are ebing reported in record levels thansk to
> the booming commodities markets which buoys the trades on NYMEX. But
> one deosnt see the multiples EV/REV whenit comes to CME buying NYMEX.
> I  still dont understand the logic behind this deal excpet that the
> NYMEX senrior mgmt can make lot of dough with this sales. An anguished
> individual investor.

> NYMEX needs to review this deal from the value it brings to the table
> instead of looking at the sharp in price of CME. Lets hope that DOJ
> and SEC intervene and review this deal. Let main street make some
> money instead of wall street for a change.

> damarcop...@gmail.com wrote:
> > The saga continues -> Insiders exercising their cheap options and
> > selling the stock -> paying members less fees -> while retail
> > shareholder like me struggle -> i still cant understand why the hurry
> > to sell NYMEX when the whole world is screamming for lack of raw
> > materials and commodities (which NYMEX enables to trade). SEC needs to
> > review this proposal before CME buysNYMEX cheaply.

> > damarcop...@gmail.com wrote:
> > > CME's price point is too low. It grossly undervalues the market
> > > potential. It baffles me why Nymex is budging and eager to sell - i
> > > mean the management. Interestingly, the Nymex team has been
> > > consistenly selling their stock since its IPO. SEC should back this
> > > down offer and ensure that retail and individual investors like me or
> > > protected instead of filling the coffers of the mangement.

> > > NYMEX Shareholder

Ed R. wrote:
> Equity markets are priced based on discounted future cash flows. The
> US is in the biggest oil bubble they have seen in 200 years. NYMEX is
> doing between 1.1 and 1.4 million contracts a day because of the boom
> in oil prices. If this deal does not go through are you confident that
> oil will continue in a bubble for the next 4 years ? Because without
> this deal with the CME that is exactly the bet that NYMEX shareholders
> will have to make. If Nymex averages 1.3 million contracts a day for
> the month of July are you willing to bet that they will average 1.56
> million contracts a day in July of 2009 and 1.87 million contracts a
> day in 2010 ? Do you honestly believe that oil volume can grow at a
> sustained 20 to 25 % volume growth from these current oil bubble
> levels ? Because at 83 dollars a share NYMEX is currently trading at
> 33 times earnings. That is very rich. If NYMEX does not do the current
> CME deal and anything happens in the next 3 years that causes NYMEX's
> volume to stop growing at 25 % then the market will price in the
> future cash flows to the tune of about 12 to 15 times earnings and the
> stock price of NYMEX shareholders will take a huge hit. If this is
> such a bad deal for NYMEX shareholders why hasn't any other exchange
> in the world countered with a better offer ? Why ? Because no one in
> the free world believes oil volume can continue to grow at 25 % a year
> for the next 10 years. Between the cost savings between the two
> exchanges and the breadth of products these two firms would have
> together this is a fair deal for CME shareholders and a fantastic deal
> for NYMEX shareholders. Turn this deal down and I will bet everything
> I own that two years from now CME gets NYMEX much cheaper.

> damarcop...@gmail.com wrote:
> > I am with Mr.Capozza on this. The volumes are rising in NYMEX
> > platform, the revenues are ebing reported in record levels thansk to
> > the booming commodities markets which buoys the trades on NYMEX. But
> > one deosnt see the multiples EV/REV whenit comes to CME buying NYMEX.
> > I  still dont understand the logic behind this deal excpet that the
> > NYMEX senrior mgmt can make lot of dough with this sales. An anguished
> > individual investor.

> > NYMEX needs to review this deal from the value it brings to the table
> > instead of looking at the sharp in price of CME. Lets hope that DOJ
> > and SEC intervene and review this deal. Let main street make some
> > money instead of wall street for a change.

> > damarcop...@gmail.com wrote:
> > > The saga continues -> Insiders exercising their cheap options and
> > > selling the stock -> paying members less fees -> while retail
> > > shareholder like me struggle -> i still cant understand why the hurry
> > > to sell NYMEX when the whole world is screamming for lack of raw
> > > materials and commodities (which NYMEX enables to trade). SEC needs to
> > > review this proposal before CME buysNYMEX cheaply.

> > > damarcop...@gmail.com wrote:
> > > > CME's price point is too low. It grossly undervalues the market
> > > > potential. It baffles me why Nymex is budging and eager to sell - i
> > > > mean the management. Interestingly, the Nymex team has been
> > > > consistenly selling their stock since its IPO. SEC should back this
> > > > down offer and ensure that retail and individual investors like me or
> > > > protected instead of filling the coffers of the mangement.

> > > > NYMEX Shareholder

Ed R. wrote:
> Outstanding crude oil futures contracts fell to the lowest level in 14
> months as commercial traders and institutional investors exited the
> oil market. I hope and pray Mr. Capozza's gets a big enough following
> to kill the CME deal. As a CME shareholder I want no part of severely
> overpaying for a 2 contract exchange whose volume has topped. Please
> help to kill this deal so we can revisit NYMEX's volume numbers in 2
> years.