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
Where did you learn to whisper--in a helicopter?~Stand-up comic Jerry Dye to a table of Miami inebriates dividing their dinner bill
Request email delivery
- Jul 31:
How To Tax Wealth — Your Feedback
- Jul 28:
How To Tax Wealth
- Jul 27:
Newsweek: Teachers Union Has Become A Public Menace
- Jul 26:
Moses . . . R.I.P.
- Jul 23:
PRKR, COVID, CLIMATE, AND MORE!
- Jul 22:
Macron and Maddow
- Jul 21:
Field Of Dreams
- Jul 20:
Waste Not, Want Not; A Truly Great Man
- Jul 17:
Kids, COVID, and IKEA
- Jul 15:
The Kremlin Leak . . . WOW.
- Jul 31: