Energy Future Holdings, formerly known as TXU Energy, was a giant energy company operating out of ERCOT in Texas (where over 90% of Texas’ electricity supply is produced). It was quite profitable when commodity prices…
2016 was a great year for spin-off stocks in general, and spin-off shares I purchased in particular – my spin-off portfolio produced 37.9%, almost 4 times the return of the US market, which I measure…
I have recently added shares of Communications Sales & Leasing to the Spinoff portfolio. CSAL is the first telecom REIT (Real Estate Investment Trust) on Wall Street. The company leases to Windstream Holdings (WIN) 300,000 miles…
I bought Communications Sales & Leasing (CSAL) at $24.5 and Liberty LiLAC Group (LILAK) at $20.6 to the spin-off portfolio (If you prefer you can buy LILA Â instead of LILAK as they track the same…
APVO pharmaceutical company has released a pretty good statement for the third quarter of this year, presenting a 30% growth in sales and over $60 million of cash on its balance sheet. However, perhaps in…
It is now official – The Indian Satellite television giant DishTV, announced that it came to an agreement to merge with its major competitor Videocon D2h. The united company will be named DishTV Videocon Limited…
I sold SPX Flow (FLOW) near the opening at $24.6 for a profit of 56.6%. The revenue decline of 20.8% compared to the three months a year ago and the shrink in profits suggests that…
It is strange that a cheap stock like Armstrong Flooring (AFI) is going down in the last couple of weeks when the overall market moves up. Is something bad is going here? Well, recently, a…
I sold TLN today at $13.92. The merger with Riverstone at $14 is a done deal so I don’t see any reason to wait a few more months until it’s actually goes through. Fortunately, I…
I decide to sell Liberated Syndication (LSYN) at an average price of $0.72 (for a small profit of 3%). Something smells wrong here so I prefer to close the position.