Browsing Category: "Going Private Transactions"
For the past few months I’ve held shares of Jaclyn Inc. in the Special Situations Real Money Portfolio. Members of Fat Pitch Financials Contributor’s Corner have been tracking my research on this company since it first announced its desire to go private back in December of 2007.
Jaclyn proposed to go private by conducting a reverse split where 250 shares would become one [...]
Yesterday, I mentioned that My Money Blog reviewed Fat Pitch Financials Contributor’s Corner. Today, I noticed that Ricemutt at Experiments in Finance also shared her experience with Fat Pitch Financials Contributor’s Corner this past week on her blog. I apologize to Ricemutt for not noticing her review sooner. I’ve been a bit behind on my [...]
You might remember my investment in PVC Container Corp. that I made back on March 8, 2006. A few weeks ago I mentioned that PVC Container shareholders approved the deal. Today I finally received the cash in the Special Situations Real Money Portfolio.
Let me run through the stats on this transaction. I purchased 1,600 shares [...]
Another successful going private transaction deal has been completed. I received cash yesterday for the 999 shares of Major Automotive Companies (MJRC.PK) that I purchased for the Special Situations Real Money Portfolio back on January 25, 2006.
Let me quickly run through the performance stats. The 999 shares of Major Automotive Companies I purchased for my son’s Coverdell [...]
I purchased 1,600 shares of stock yesterday in a company that is planning to go private. This stock, for the Special Situations Real Money Port, cost me a total of $3,702.95. I used the new funds I added to this account recently to help fund the purchase of these shares. In just a week, the [...]
On January 25, 2006, I purchased 999 shares of Major Automotive Companies (MAJR) at $1.60 per share. The company had announced that they were going private, so I was interested in adding this stock to the Special Situations Real Money Portfolio.
Major Automotive indicated that they would cash out shareholders holding less than 1,000 shares for [...]
I discovered that I received cash today for TouchTunes Music Corp. (TTMX). You might recall from the Special Situations Real Money Portfolio 2005 Performance report that I bought 1,999 share of TouchTunes Music Corp. on December 7, 2005 for $0.42 a share.
As expected, I received $0.50 per share for the 1,999 shares in my son’s [...]
Cash arrived today in my son’s Coverdell ESA account for the 99 shares of JB Oxford Holdings that I first bought back on December 5, 2005. I received $293.04 in total, which is $2.96 per share for the 99 shares of JB Oxford (no fees charged). That is pretty nice give that I only paid $1.90 [...]
Whew! For a second there, I did not think that my remaining shares of Refocus Group (RFCS) were going to be cashed out. As you might recall, in December I wrote about how the shares of Refocus Group that I purchase on December 5th were not cashed out when everyone else was reporting that they [...]
It’s hard to believe that the Special Situations Real Money Portfolio (AKA my son’s Coverdell Education Savings Account) has completed it’s first full calendar year. I’ve had some time this weekend to look over all the transactions that have occurred. It has been a pretty interesting year for going private transactions. Even [...]
