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
No man ever believes that the Bible means what it says; he is always convinced that it says what he means.~George Bernard Shaw
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- Jun 25:
Max, Chica, and Kenny
- Jun 24:
Something Else Democrats Stand For
- Jun 21:
What Do Democrats Stand For?
- Jun 20:
- Jun 19:
A Letter From Thor
- Jun 18:
How The FBI +Used+ To Spend Its Time
- Jun 17:
“Outrageous Congressional Perks”
- Jun 13:
What’s Wrong With That Zucchini???
- Jun 12:
Food Rescue Dot Org
- Jun 11:
Has Morgan Freeman Gone Too Far?
- Jun 25: