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
As long as they're born faster than we can make them hate us, we're in business.~veteran, unnamed airline employee quoted in the New York Times Sunday Magazine
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- Feb 15:
NYC. UK. Canada.
- Feb 14:
If Republican Officials Go To Prison . . .
- Feb 13:
The National Butterfly Center Is Taking A Stand
- Feb 12:
Home-Schooled For Christ. And Pence.
- Feb 11:
Russian TV Thanks The GOP (And Don’t Miss Bill Maher)
- Feb 9:
The Perfect Virginia Solution
- Feb 8:
The Case For A Better Wealth Tax
- Feb 7:
200 Times More Interest On Your Money . . .
- Feb 6:
Listen To A Structural Forensicist
- Feb 5:
Tom Brady’s Secret For Your Parents
- Feb 15: