Comments for STABLEBOY SELECTIONS

Comment on Landry’s is buying Morton’s by Alexander Haynes

Alexander Haynes — Thu, 02 Feb 2012 02:01:27 +0000

And a fond farewell to our beloved Morton’s preferreds. I’d plan a candlelight vigil, but I’m afraid that with such an obscure security, it might be a solitary endeavor.

Thanks for the idea; this is one I may not have found without your blog. I didn’t make a lot of money, but on a risk-adjusted basis I’m pretty pleased with the performance.

Comment on IDCC: Who Is Selling? by Derek

Derek — Sat, 28 Jan 2012 07:02:04 +0000

I don’t know a thing about the cruise ship business. I imagine it’s one of the most economically sensitive types of businesses you could buy into. And I’m pretty bearish about that kind of thing.

Comment on The Sleazy Side Of Wall Street: I Interview A Stock Promoter by Derek

Derek — Sat, 28 Jan 2012 06:38:14 +0000

The best part will be getting a list of stocks about to be promoted.

Comment on The Sleazy Side Of Wall Street: I Interview A Stock Promoter by shaun

shaun — Fri, 27 Jan 2012 16:40:10 +0000

i’d imagine there was more to the conversation than that…..

Comment on The Sleazy Side Of Wall Street: I Interview A Stock Promoter by valueprax

valueprax — Fri, 27 Jan 2012 14:28:21 +0000

I think you just did.

Comment on IDCC: Who Is Selling? by shaun

shaun — Fri, 27 Jan 2012 06:23:09 +0000

poor Paulson….

Comment on The Sleazy Side Of Wall Street: I Interview A Stock Promoter by shaun

shaun — Fri, 27 Jan 2012 06:20:41 +0000

i’ve always been really curious about this side of finance. would love to read that interview!

Comment on IDCC: Who Is Selling? by Alexander Haynes

Alexander Haynes — Fri, 27 Jan 2012 04:17:14 +0000

Yeah, I’d hesitated to call anything I’ve read about IDCC a ‘report.’ Mostly a lot of ‘conservative’ estimates about the value of IDCC’s portfolio (without, of course, any decent analysis of why it’s worth that amount, or to whom). According to what I read, the deal was a sure thing with a price easily greater $100/share (and intermediate-dated OTM call options were the deal of the decade or something…). There was a reason I was asking you if you’d written anything up, instead of pestering the authors of various IDCC articles–I actually respect your input, and what I’ve read so far elsewhere wasn’t worth the ink it was printed on (and I read everything in digital form).

I sincerely have little idea of what the patent portfolio is worth based on any method other than a reasonable multiple of the cash flow it generates (and my generally favorable view of demographic/product adoption trends going forward). General demand for buying these patents was definitely overestimated; not only was there no bidding war scenario…it seems there was only sporadic/selective bidding with no large-scale offers at all. Oops, someone botched something.

Comment on IDCC: Who Is Selling? by Chinaski

Chinaski — Thu, 26 Jan 2012 16:34:06 +0000

Have you looked at CCL? Value guys should be all over it.

Comment on IDCC: Who Is Selling? by Derek

Derek — Thu, 26 Jan 2012 08:41:04 +0000

Dealreporter has written about IDCC. It seems like the bankers messed up on this one. There was never any bidding war scenario.

The reports I’ve read on IDCC are pretty bad. Lots of extrapolation about what the patent portfolio is worth. I wouldn’t call it analysis. It’s more like babble.