"My biggest position" thread - Page 5

JordanIB · #41 05-30-2007, 03:07 PM

HOT

I do not own any other individual stocks.

DespotInExile · #42 05-30-2007, 03:18 PM

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CHTR

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QFT

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Amen. We have held CHTR as a cheap option on cable, and it has been an underperforming turd.

Scorpion Man · #43 05-30-2007, 05:00 PM

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CHTR

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QFT

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Amen. We have held CHTR as a cheap option on cable, and it has been an underperforming turd.

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You must have owned if for quite awhile to say its been underperforming.

FWIW, I have not sold a share, planning on $8-$10 in next year. Not clear to me I am a seller at those prices either.

Jcrew · #44 05-30-2007, 05:22 PM

08 Jan Put options at 20 strike on WCI. Almost all cash now, but will be entering sizeable positions in long Sweden, Swiss and short China.

Scorpion Man · #45 05-30-2007, 06:45 PM

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08 Jan Put options at 20 strike on WCI. Almost all cash now, but will be entering sizeable positions in long Sweden, Swiss and short China.

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Talk to me Mr. Crew. You think the auction fails totally?

Jcrew · #46 05-30-2007, 06:58 PM

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Talk to me Mr. Crew. You think the auction fails totally?

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Are you referring to WCI? Not sure what you are talking about in relation to an auction. Besides the now expired tender offer from Ichan, I do believe there is a sizeable chance that there are no serious buyers above 15.

Scorpion Man · #47 05-30-2007, 07:03 PM

WCI Board of Directors Conducting Open and Fair Sale Process
Thursday May 24, 9:15 am ET
Seeks Shareholder Support to Re-elect Board On White Proxy Card

James282 · #48 05-30-2007, 07:09 PM

my update is that BWLD and MIDD have overcome FMD as my biggest positions. i haven't invested any more capital in either, but they just raged while fmd faltered. such is life!

James

Jcrew · #49 05-30-2007, 07:16 PM

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WCI Board of Directors Conducting Open and Fair Sale Process
Thursday May 24, 9:15 am ET
Seeks Shareholder Support to Re-elect Board On White Proxy Card

[/ QUOTE ]

This is what I thought you were referring to. So IMO, it is not so much an auction as a constructed reason to reject the Ichan tender to protect sr. management.

Scorpion Man · #50 05-30-2007, 07:31 PM

[ QUOTE ]
[ QUOTE ]
WCI Board of Directors Conducting Open and Fair Sale Process
Thursday May 24, 9:15 am ET
Seeks Shareholder Support to Re-elect Board On White Proxy Card

[/ QUOTE ]

This is what I thought you were referring to. So IMO, it is not so much an auction as a constructed reason to reject the Ichan tender to protect sr. management.

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OK. Seems like reasonable starting point/thesis. What drives your conviction that this is in fact the case? Thanks.