Mini Tender Offers

[DooDiligence]

Why  :o  would anyone take TRC up on this?

 

https://www.prnewswire.com/news-releases/edwards-lifesciences-recommends-stockholders-reject-mini-tender-offer-by-trc-capital-corporation-300860723.html

[wachtwoord]

Because of being incompetent?

 

Perhaps its a way of shifting money around in a tax effecient way with plausible deniability.

 

It certainly seems a bit on the shady side.

[DooDiligence]

Because of being incompetent?

 

Perhaps its a way of shifting money around in a tax effecient way with plausible deniability.

 

It certainly seems a bit on the shady side.

 

Seems like the guys at TRC are as stupid as whoever tenders their shares.

 

https://www.massdevice.com/edwards-adds-1b-to-share-repurchase-program/

[given2invest]

these are scams, they hope a very small portion of people tender by mistake.  you can google about them.  nothing more than that.

[writser]

these are scams, they hope a very small portion of people tender by mistake.  you can google about them.  nothing more than that.

 

This. Assholes.

[DooDiligence]

Thanks, I thought I was missing something but not...

 

---

 

I bought EW in 2013 about the same time I started reading on CoBF.

 

I read up on the business for a month or so before buying.

At the time EW was going through a patent litigation with Medtronic over TAVR.

They also had lawyers trying to get traction on a class action suit over supposed overstatements by management.

 

The claim was that the company said "so & so" which led shareholders to believe TAVR was going mainstream & even

I could tell this was BS as they had clearly stated that the product / procedure was only for patients who couldn't tolerate

having their chests cracked open for valve replacement.

 

They never got a lead plaintiff for the class action & I got lucky when they also won the infringement suit with MDT.

 

I got super lucky on LEAP calls which went crazy post judgement & I also sold off a small portion

of the equity so that I'm way in the black & playing with house money on the position.

 

I thought I'd try to recreate this setup with equity & LEAPs via MO but so far no good.

I guess since they're killing people instead of saving them?

 

I still believe that TAVR will eventually reach a wider audience & will continue to hold on.

I have no basis for this belief other than past performance  ???

 

Lucky