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steppppo

steppppo
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  • Event Driven Q&A Forum [View instapost]
    I used to own News Corp and rode the wave up over the last few months but I don't like it long term because I'm not sure what's what with the future of media companies. The so-called 'hated' assets of the newspaper side will be spun off along with Murdoch's Australian cable operations. That's the kicker here. The Aussies don't yet subscribe to cable in the same numbers that Americans do and that's where the growth will come from, according to theory. I like the entertainment side of News Corp also, especially the new ESPN-like channel they plan to launch but only if they can somehow contain the spiraling royalty costs associated with broadcasting live sporting events.
    I currently own and really like COV. I believe they are leaders in most of the medical areas where they compete. The small pharma spinoff is interesting but I don't know much about their pipeline. It's interesting to note that the spin, which will be called Mallinckrodt Pharmaceuticals, is the sole legal source for cocaine in the United States. Talk about a high moat business! That said, COV apparently tried to sell the pharma business at one point but couldn't find a buyer.
    This post on stockspinoffs has more info: http://bit.ly/10MpQEt
    May 22 04:11 PM | 1 Like Like |Link to Comment
  • Event Driven Q&A Forum [View instapost]
    Why's it selling off today? No faith in management?
    Apr 23 01:28 PM | Likes Like |Link to Comment
  • Looking For Value In An Overbought Market? Try These Hated Conglomerates [View article]
    Just curious ... do you like BAM over BPY? I have not read up on this company but I love investing in spinoffs.
    Apr 16 03:09 PM | Likes Like |Link to Comment
  • Free Books For Life [View instapost]
    What brokerage lets you do that?
    Apr 15 09:37 AM | Likes Like |Link to Comment
  • Free Books For Life [View instapost]
    Love it. I just checked at my Publix here in Georgia and we have the same deal. Can't wait to load up on gas. Only downside is that Publix grocery prices are typically a bit higher than Kroger or Wal-mart.
    Apr 14 07:15 PM | Likes Like |Link to Comment
  • Hartford Warrants - Leverage On A Cheap Stock [View article]
    That appears correct. You should probably call the broker to double-check.
    Apr 11 10:55 AM | Likes Like |Link to Comment
  • Hartford Warrants - Leverage On A Cheap Stock [View article]
    Thanks, Adam. Long HIG.WT.

    I would also note that there's almost no time premium on the Hartford warrants. The dividend protection is fantastic too.
    Apr 9 09:36 AM | 2 Likes Like |Link to Comment
  • Free Books For Life [View instapost]
    Hi Chris,

    Once you got up to $250,000 across five cards, what was the minimum monthly payment?
    Apr 9 09:28 AM | Likes Like |Link to Comment
  • "This is a market where even an idiot can win," says the head of a stock-study seminar in Tokyo. One of his students is a believer after banking coin by taking money saved to attend fashion school in the U.K. and instead buying shares. "It's starting to feel like the old days," says a 70-year old retiree after booking a 2-day 12% gain in Hitachi. [View news story]
    Hi,
    The term 'banking coin' means he made a lot of money. So, the above expression would imply that the student bought shares with money that was being saved for school.
    Apr 7 10:17 PM | 1 Like Like |Link to Comment
  • The yen (FXY) tumbles another 1% vs. the dollar as a new report suggests the BOJ plans to move fast and move big with JGB purchases. Buying less than ¥93 moments before the BOJ announced aggressive new easing measures Thursday, the dollar this moment is worth ¥98.51. The Nikkei adds 2.8% in early Tokyo trade, giving it a middling 8.6% gain since Thursday. [View news story]
    Long live Mr. K and his deputies. Long Jan. 15 100 puts.
    Apr 7 08:33 PM | 1 Like Like |Link to Comment
  • You Are Poorer Than You Think [View article]
    Where can I get $4.95 trades?
    Mar 26 01:09 PM | 1 Like Like |Link to Comment
  • Stuck Between A Rock And A Hard Place? Not With DGT Holdings [View article]
    FWIW, the cash hit my account today. Thanks again, Chris.
    Mar 26 09:47 AM | 1 Like Like |Link to Comment
  • Stuck Between A Rock And A Hard Place? Not With DGT Holdings [View article]
    I checked last night and nothing. I'm with Scottrade for what that's worth.
    Mar 19 09:37 AM | Likes Like |Link to Comment
  • Event Driven Q&A Forum [View instapost]
    Got ya. I appreciate the feedback.
    Mar 15 11:30 AM | Likes Like |Link to Comment
  • Event Driven Q&A Forum [View instapost]
    Used to? Is there anything I should know about this company? Looks like a pretty good one.
    Mar 15 11:22 AM | 1 Like Like |Link to Comment
COMMENTS STATS
106 Comments
57 Likes