OracleofCarolina

Anyone have any insight on the Blue Wolf Mongolia Company? It is a SPAC that raised 70 million in an IPO a month or so ago to invest in Mongolia.

http://www.restfinance.com/content/story.php?article=00622

PRXI maybe, the court gave them in specie award this Monday but if they can't find a suitable buyer then it'z a value trap

Write up from Barron's on BAC http://online.barrons.com/article/SB50001424052702303996204576496294158401666.html?mod=BOL_hpp_mag

I think Moyinhan sounds like he is confident that BAC will turn around. But as a shareholder, this news kind of bothers me. http://online.wsj.com/article/SB10001424053111904823804576502680497287052.html?mod=asia_home

The dollar has been a flawed currency for years, S&P is just stating the obvious..

I thought some of you would enjoy this article. This is crazy that the state of Massachusetts allows folks to take advantage of their lottery rules. http://t.co/52IEN45

Any thoughts on the lastest results?

http://www.businessweek.com/magazine/content/11_27/b4235068745806.htm This Ridinger guy is making tons of money but not a fan.

Would love an app 

http://www.sec.gov/Archives/edgar/data/93859/000092189511001353/0000921895-11-001353-index.htm

Was Biglari shorting this before he started buying larger amounts?

http://t.co/q0XMDqe

It's hard to swallow that Sino has been public for 8 years and could be a fraud the whole time..it is sure smelling like that

Interesting company and letter http://www.mongoliagrowthgroup.com/WelcomeLetterFeb2011.pdf

Well Biglari did not get them, FMMH to be acquired for 36.15 a share by Auto Club Insurance association

Eddie Lampert and Bill Ackman

Couple things from today's meeting 1. mustang capital is no longer part of BH 2. New format for SNS with counter service only is being pushed to compete with Five Guys and others much cheaper to develop and smallernfootprint 3. Dual class structure is to increase flexibility for acquisitions and financing transactions, the 1 for 15 is off the table 4.they recently hired 5 salespeople to get new franchisees 5. No comment on Freemont 6.Lion Fund has averaged 20% over last 10 years but would not discuss holdings or strategy 7. Called CCA corporate looting and paying for failure 8. breakfast is going well three weeks in 9. ITEX, sardar spoke with Steve white yesterday and told him he needs to have a shareholder vote or he would not support him in a transaction it's recently announced

anyone going to the BH meeting this week?

Their latest call is available for replay.. March 23, 2011 A replay of the IVA Funds semi-annual conference call from 3/22/11 will be available until 4/5/11. Domestic dial-in: (888) 266-2081; Intl. dial-in: (703) 925-2533. Access code: 1515853

Speaking of BH, i received their latest circular in the mail today. They are promoting an all new breakfast with "all you can eat pancakes" for $3.99.

When are they releasing their earnings? Tonight or tomorrow?

Looks like Biglari is up to 6.3% of ownership now

Anyone know when Merrill Lynch may add Chou funds?