Packer16 Posted October 1, 2010 Share Posted October 1, 2010 I know may on this board investing in special situation. Does anyone use Fat Pitch Financials Contributor Board as a source for these situations? I think there is a $125 per year fee. TIA Packer Link to comment Share on other sites More sharing options...
ragnarisapirate Posted October 1, 2010 Share Posted October 1, 2010 speaking of said things, does anyone have any good special situations? :) Link to comment Share on other sites More sharing options...
shalab Posted October 1, 2010 Share Posted October 1, 2010 I mine my own ideas but I wanted to check out fatpitch. Paid $15 for a month and nothing happened - even after sending a couple of e-mails That said, I am into BNE - I think it should work out ok... Link to comment Share on other sites More sharing options...
alpha231616967560 Posted October 1, 2010 Share Posted October 1, 2010 I've been looking at the SUNH spinoff of RE assets into a REIT. Looks promising, but I haven't had a chance to read all of the past 5 yrs ARs yet, so have not pulled the trigger. The stock seems to be performing well this week, and there is even a Guru Focus article that pegs the current price at 1/2 intrinsic value after spinoff. Link to comment Share on other sites More sharing options...
netnet Posted October 1, 2010 Share Posted October 1, 2010 I have a membership. It's good for people with smaller portfolios and the discussion is decent. It's cheap so I'd say it's definitely worth it. But if you already have a separate gmail account with google alerts with good automatic search strings updated daily, you might find most ideas redundant. So the search string is buyout, arbitrage, spinoffs? Netnet Link to comment Share on other sites More sharing options...
Zorrofan Posted October 2, 2010 Share Posted October 2, 2010 I have a membership. It's good for people with smaller portfolios and the discussion is decent. It's cheap so I'd say it's definitely worth it. But if you already have a separate gmail account with google alerts with good automatic search strings updated daily, you might find most ideas redundant. How do you set up an automatic search string? :-[ TIA cheers Zorro Link to comment Share on other sites More sharing options...
zippy1 Posted October 2, 2010 Share Posted October 2, 2010 I have a membership. It's good for people with smaller portfolios and the discussion is decent. It's cheap so I'd say it's definitely worth it. But if you already have a separate gmail account with google alerts with good automatic search strings updated daily, you might find most ideas redundant. How do you set up an automatic search string? :-[ TIA cheers Zorro When you do the search on Google News, on the search results, it will put a link for you to set up automatic email alert. Link to comment Share on other sites More sharing options...
nodnub Posted October 2, 2010 Share Posted October 2, 2010 How do you set up an automatic search string? :-[ TIA cheers Zorro http://www.google.com/alerts Link to comment Share on other sites More sharing options...
nodnub Posted October 2, 2010 Share Posted October 2, 2010 I know may on this board investing in special situation. Does anyone use Fat Pitch Financials Contributor Board as a source for these situations? I think there is a $125 per year fee. TIA Packer I always got the impression that most of their ideas were odd-lot tender offers. This is profitable, but it only moves the needle if you have a small portfolio. Link to comment Share on other sites More sharing options...
bmichaud Posted October 2, 2010 Share Posted October 2, 2010 Interesting special situation currently in progress is Novell (NOVL). Elliot International Capital Advisors bid for the NOVL back in March for $5.75, and soon after Paulson & Co established a 5% position at around $6.00 per share. Paulson has since upped its position to 8.5%. The stock is currently around $6.00 as the deal has taken longer than expected to materialize. Samana Capital, Paulson & Co, and Elliot International currently hold 8.7%, 8.5%, and 7% of total shares outstanding, respectively. This is a coattail play betting the big guys make something happen - whether it's a sale, buyback, or special dividend. Total market cap is $2B and there is $1B of cash on NOVL's balance sheet. Link to comment Share on other sites More sharing options...
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