So CSPLF, suggested here year after year at prices ranging from $6.50 down to as low as $2.65, was bought out at $13.10 this month. That may be a lot less than it was worth – I assume that’s what the acquirer believes – but as bad news goes, it could have been worse.
Carl Icahn, meanwhile, is buying $200 million of LEA in a private transaction and taking a seat on the board, which sent the stock up $3.75 yesterday to a hair above its level last November. This one may yet work out, so I feel less bad having suggested it.
(My goal, as you know, is to lure fair-minded Republicans into reading this page with hopes of riches . . . then to gradually persuade them that the whole political landscape has shifted dramatically to the right, so that for now, at least – being moderates who believe in things like science – they should vote Democrat. It won’t work if I lose them money.)
And speaking of money, I spent the day taking more credit card contributions for the DNC and so ran out of time to write anything. Instead, I offer you two four-minute films:
The first reveals how Stonehenge may have been built – by a single ingenious retired guy.
The second is an uplifting song by a charismatic boy about his two loving dads.
Leverage and loverage. Enjoy.
Quote of the Day
The business of America is business.~Calvin Coolidge
Request email delivery
- Oct 17:
- Oct 15:
- Oct 13:
Startups And Sendoffs: Something For Everybody
- Oct 11:
No Lithium Or Ions Required
- Oct 10:
Your Taxes – Part 2
- Oct 9:
Your Taxes — The Piece That Too Often Goes Without Saying
- Oct 8:
Once Upon A Time In 10th Grade History
- Oct 6:
Of Alligators And World Peace
- Oct 4:
Of Alligators And The Humane Center
- Oct 2:
Designing For A Small Space
- Oct 17: