Trader focused on small-cap, special situations. Not advice, DO YOUR OWN WORK. May buy/sell stocks discussed without notice. Contact: SmallCapTrader2 at gmail
Link shows our progress the past year on $SMIT. It highlights our efforts as constructive investors/operators.
Grateful to shareholders for board representation and for the management team we had in place to make this year a success.
https://t.co/pMVreygxoA
Sentiment on Schmitt Industries $SMIT is improving as short interest declines and it gets upgraded. The management team is setting the company up for a successful 2020 for shareholders. @doubleoakequity
Buying back $2m shares of a $14m market-cap co (14% of shares) with an extra $8.5m cash on the balance sheet seems like it should make a stock go up. $SMIT https://t.co/8qcR9hUCgB
Malone bought $75 million of Discovery $DISCA. And he said, “I ran my favorite screen, levered free cash flow and market cap, and, surprise, the top name is Discovery. So I bought $75 million worth." Clearly he knows the business really well. But that’s a very simple approach.
$SMIT - Christmas Pick: Schmitt Trading Below Cash And Real Estate, Plus The Business For Free. Continue reading: https://t.co/z9YD7F95ti #business#stocks#investing
Genworth-Oceanwide update: Looks like big put buyers going for January puts. Maybe what’s pushing stock down to $3.81. $GNW deal bulls should be worried
David Tepper's top new bet is $BABA in Q3. The hedge fund legend was clearly bullish. 8 of his top 10 holdings were either new or increased. 44%+ % of his $3.4B+ portfolio are concentrated in these mega caps: $GOOG $FB $AMZN. Overall Tepper added ~$2B👇🏿new money to stock market.
Oceanwide-Genworth update: Brookfield says the Genworth Canada sale approval could extend into early next year. That’s after Dec.31 Oceanwide-$GNW extension and $GNW Dec 12 shareholder meeting. Could spell trouble....
Sirius Group Special Situation: P&C Insurer Stock Could Go from $8->$20 in a sale. Situation getting more attention. Limited liquidity in this one, so could move fast @IPOEdge @jannarone https://t.co/9ECW52unA0
@jingyanghk Insiders get filthy rich, while shareholders have LOST money since the deal was announced 3+ years ago. WHY ARE THESE LOSER EXECUTIVES RECEIVING MILLIONS WHILE THE OWNERS OF THE COMPANY GET POORER????? $GNW