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Tom Armistead » Comments » ASCMA

  • Value Stock Screen: Potential Activist Targets [View article]
    Interesting article, from the standpoint of a long-term investor the potential of activist involvement is a mixed blessing, sometmes all the likes of Carl Icahn or Bill Ackman are looking for is a special dividend, take on some debt, get a special dividend, and then management is hamstrung on acquisitions or capex.

    I own ADPT, for the fact the company is cash rich, has legacy businesses that are more or less breaking even, and is looking to acquire tehnology in order to resume growth. If they succeed there is a good payday, otherwise there is little downside risk.

    The stock was acting strange it was maybe two weeks ago it went down pretty fast on heavy volume, I didn't know what to make of it but I bought some more on the grounds it was well under net cash per share at the time, can't go wrong unless you think management is going to find a way to pee away the money.
    Jul 26 15:17 pm |Rating: +2 0 |Link to Comment
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