37.9% for the spinoff portfolio in 2016
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…
DishTV is buying Videocon d2h
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 FLOW for 56.7% profit
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…
Is the flooring manufacturer AFI in a legal problem?
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 for 126% profit
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…
Sell LSYN – It’s not worth the risk
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.
Aptevo Therapeutics – huge potential with high risk
I bought Aptevo Therapeutics (APVO) to the spin-off portfolio at $2.40. Note: This is a biotechnology company with high risk profile. * * * Six months ago, I bought shares of Nuvectra Corporation (NVTR) –…
Fiesta Restaurant Group to spin-off Taco Cabana
Fiesta Restaurant Group (FRGI) is jumping more than 9% today after the company announced that it is considering (again) the separation of its two brands – Taco Cabana and Pollo Tropical into distinct entities. The transaction…
Fosun International applies for spinoff of U.S. insurance firm
Fosun International has submitted an application with the Hong Kong stock exchange seeking approval for a spinoff and separate listing of the insurance company Ironshore  it acquired last year, on either the New York Stock…
Greek power company PPC plan to spin-off its retail business
http://af.reuters.com/article/idAFL8N19F1V9