DooDiligence Posted June 8, 2019 Share Posted June 8, 2019 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 Link to comment Share on other sites More sharing options...
wachtwoord Posted June 8, 2019 Share Posted June 8, 2019 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. Link to comment Share on other sites More sharing options...
DooDiligence Posted June 8, 2019 Author Share Posted June 8, 2019 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/ Link to comment Share on other sites More sharing options...
given2invest Posted June 8, 2019 Share Posted June 8, 2019 these are scams, they hope a very small portion of people tender by mistake. you can google about them. nothing more than that. Link to comment Share on other sites More sharing options...
writser Posted June 8, 2019 Share Posted June 8, 2019 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. Link to comment Share on other sites More sharing options...
DooDiligence Posted June 8, 2019 Author Share Posted June 8, 2019 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 Link to comment Share on other sites More sharing options...
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