Comments on: FragranceNet.com Cashout Details http://www.fatpitchfinancials.com/194/fragrancenetcom-cashout-details/ Special situation stocks and value investing Sat, 19 Jul 2008 20:22:54 +0000 http://wordpress.org/?v=2.3.3 By: Consumerism Commentary http://www.fatpitchfinancials.com/194/fragrancenetcom-cashout-details/#comment-399 Consumerism Commentary Tue, 03 Jan 2006 03:10:30 +0000 http://www.fatpitchfinancials.com/194/fragrancenetcom-cashout-details/#comment-399 <strong>Carnival of Investing #3...</strong> Welcome to Consumerism Commentary, this week’s host of the Carnival of Investing! The Carnival of Investing is a new Blog Carnival that collects the best blog entries in the past week or so that focus on the topic of investing. In the words of Mr... Carnival of Investing #3…

Welcome to Consumerism Commentary, this week’s host of the Carnival of Investing! The Carnival of Investing is a new Blog Carnival that collects the best blog entries in the past week or so that focus on the topic of investing. In the words of Mr…

]]> By: FragranceNet.com Shares All Cashed Out Now - Fat Pitch Financials http://www.fatpitchfinancials.com/194/fragrancenetcom-cashout-details/#comment-393 FragranceNet.com Shares All Cashed Out Now - Fat Pitch Financials Wed, 28 Dec 2005 05:28:16 +0000 http://www.fatpitchfinancials.com/194/fragrancenetcom-cashout-details/#comment-393 [...] Let me first start with an update regarding the partial cash out of the FragranceNet.com shares in my BrownCo account. As you might recall, last week I learned some additional details regarding the FragranceNet.com cash out of shareholders owning less than 499 shares. I sent BrownCo an email regarding what I learned from Mr. Dennis Apfel, the CEO of FragranceNet.com. This is the response I received from BrownCo on Friday, December 23, 2005: Thank you for contacting BrownCo, LLC; An E*TRADE Financial Company. [...] […] Let me first start with an update regarding the partial cash out of the FragranceNet.com shares in my BrownCo account. As you might recall, last week I learned some additional details regarding the FragranceNet.com cash out of shareholders owning less than 499 shares. I sent BrownCo an email regarding what I learned from Mr. Dennis Apfel, the CEO of FragranceNet.com. This is the response I received from BrownCo on Friday, December 23, 2005: Thank you for contacting BrownCo, LLC; An E*TRADE Financial Company. […]

]]> By: A Reader http://www.fatpitchfinancials.com/194/fragrancenetcom-cashout-details/#comment-389 A Reader Fri, 23 Dec 2005 19:58:49 +0000 http://www.fatpitchfinancials.com/194/fragrancenetcom-cashout-details/#comment-389 How much time has been spent on this investment? What's the absolute real dollar return? Thanks How much time has been spent on this investment?
What’s the absolute real dollar return?

Thanks

]]> By: Old Niu http://www.fatpitchfinancials.com/194/fragrancenetcom-cashout-details/#comment-388 Old Niu Fri, 23 Dec 2005 17:16:15 +0000 http://www.fatpitchfinancials.com/194/fragrancenetcom-cashout-details/#comment-388 I had 499 shares in one account and 460 shares in the other, both acconuts are with Fidelity and both were cashed out without much issue on December 19th. One of the accounts is my wife's IRA and the other a UTMA account for my son. So even if they tried to link multiple accounts, these two should show up as belonging to different owners. I am sorry that things didn't go smoothly with your BrownCo. account. But thank you for sharing this with everybody. This is great learning experience for all of us. It reminds us that with this strategy, we are dealing with thinly traded, very small companies, and there are a whole different set of issues we have to face. I had 499 shares in one account and 460 shares in the other, both acconuts are with Fidelity and both were cashed out without much issue on December 19th. One of the accounts is my wife’s IRA and the other a UTMA account for my son. So even if they tried to link multiple accounts, these two should show up as belonging to different owners.

I am sorry that things didn’t go smoothly with your BrownCo. account. But thank you for sharing this with everybody. This is great learning experience for all of us. It reminds us that with this strategy, we are dealing with thinly traded, very small companies, and there are a whole different set of issues we have to face.

]]>