Seeking Alpha
  • Chris DeMuth Jr.
    $LVB at a new 52-week high; $0.70 through current bid with a likelihood of a second bidder.
    7/6/13
    Reply (5)
    • Special Situations and Arbs: Chris have you owned LVB for a while or did you buy with the hope of an overbid by a second company?
      7/8/13
    • Chris DeMuth Jr.: Owned for a while and now just hanging on for the ride. In 2009, it had gotten so cheap that one was paying little above real estate.
      7/8/13
    • Chris DeMuth Jr.: At the time, one could almost buy 1.) the Steinway store in Manhattan and 2.) the Playboy Mansion at discounts via their stocks.
      7/8/13
    • Special Situations and Arbs: Thanks......Certainly has been the year of bids being topped....Now if only we could get another opportunity to buy like it was 2009 again
      7/8/13
    • Chris DeMuth Jr.: Amen to that. And we will. Meanwhile, rates are still low, so borrow $. Timber is cheap, so buy land. And one offs here and there are ok
      7/8/13
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