andyrew510

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4 Comments

    • Fri Oct 31st 14:25 PM | Rating: +1 0
      Commented on:
      The Secret Takeover of Lionsgate Films
      Very interesting situation. I will pay attention to this one!
      View article »
    • Sun Aug 24th 15:33 PM | Rating: 0 0
      Commented on:
      Richard X. Bove on Lehman: An Assault on Reason
      You presented a legal analysis regarding a fraudulent conveyence, yet you completely ignore or possibly understand the securities laws. There is a good chance Dick Fuld cannot trade Lehman stock right now b/c of non-public material information that can affect the future value of the stock: Fuld is constantly, likely everyday, looking to enter into a major transaction that is so material it would prevent Fuld from being able to trade LEH. These transactions have rumored to be: 1) A sale of Neuberger, 2) A sale of $40 billion of Level 3 assets at a steep discount, 3) a major investor for up to 50% of LEH shares, or 4) an outright sale of the entire company. In addition, there are reports that LEH will be taking a $2 to $4 billion writedown this quarter (a figure Fuld probably knows more specifically). Lastly, news reports have stated that LEH will likely pre-announce, some say as early as this coming week. If that is the case, there is an automatic black out period for trading.

      As a result, Fuld is likely prevented from trading given the material circumstances surrounding the company.

      HOWEVER, I would believe that if he really really wanted to make a statement by purchasing more LEH, he could get a waiver and approval from the SEC. But keep in mind, he already has a substantial value of LEH stock at risk already.
      View article »
    • Tue Jun 10th 15:45 PM | Rating: 0 0
      Commented on:
      Lionsgate Entertainment: Misunderstood, Too Cheap to Ignore
      Buyitcheap,

      There is currently $100 million in authorized buybacks, $50 million of which was authorized in the past 2 weeks. This indicates the shift to return cash back to the shareholders that you urge. As for other catalysts, they announce again around early-mid August, which should be a solid quarter and their slate looks solid at the end of the year.
      - Andrew
      View article »
    • Fri Apr 4th 14:24 PM | Rating: 0 0
      Commented on:
      Is Something Cooking in Microhoo's Kitchen? (Update)
      I am not entirely sure Microsoft can legally buy yahoo's shares in the open market given their intentions and statements. If they were to accumulate shares it may prevent them from doing a tender offer in the future, etc. I think you should look into these legal aspects and get back to us.
      View article »
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