Whopper Investments
Deep value, special situations, event-driven, arbitrage

The Hard Money Has Been Made In Imperial Holdings

Anyone who has followed me for a long time knows that my favorite type of investment is something where the company's financials obscure its true value. For example, I noted that Gramercy (GKK) was trading way below liquidation value, but that liquidation value was hidden by the consolidation of some non-recourse debt. Long story short, the company eventually disposed of those non-recourse assets and the stock shot up as a result.

Whenever I find one of those situations and it works out successfully (i.e. the stock rises and I start to sell), I find myself thinking "The easy money has been made here." With all that in mind, I present Imperial Holdings (IFT). The stock has run up...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details