Author Topic: Mini Tender Offers  (Read 823 times)

DooDiligence

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Healthcare 32.7% - CVS DVA EW NVO // BRK.B - 20.6% // Media & Communication 8.3% - CHTR DIS

Drinkers & Smokers 7.5% - ABEV MO // Auto's & Oil 12.4% - CLB GPC VDE // Tech 0.0%

%'s held @ MV 06/18/2019 minus 18.3% investable cash

i trumpet my ignorance

https://twitter.com/tunawish


wachtwoord

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Re: Mini Tender Offers
« Reply #1 on: June 08, 2019, 05:30:33 AM »
Because of being incompetent?

Perhaps its a way of shifting money around in a tax effecient way with plausible deniability.

It certainly seems a bit on the shady side.
"Beware of he who would deny you access to information, for in his heart he dreams himself your master"

DooDiligence

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Re: Mini Tender Offers
« Reply #2 on: June 08, 2019, 06:11:50 AM »
Because of being incompetent?

Perhaps its a way of shifting money around in a tax effecient way with plausible deniability.

It certainly seems a bit on the shady side.

Seems like the guys at TRC are as stupid as whoever tenders their shares.

https://www.massdevice.com/edwards-adds-1b-to-share-repurchase-program/
Healthcare 32.7% - CVS DVA EW NVO // BRK.B - 20.6% // Media & Communication 8.3% - CHTR DIS

Drinkers & Smokers 7.5% - ABEV MO // Auto's & Oil 12.4% - CLB GPC VDE // Tech 0.0%

%'s held @ MV 06/18/2019 minus 18.3% investable cash

i trumpet my ignorance

https://twitter.com/tunawish

given2invest

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Re: Mini Tender Offers
« Reply #3 on: June 08, 2019, 07:42:43 AM »
these are scams, they hope a very small portion of people tender by mistake.  you can google about them.   nothing more than that.

writser

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Re: Mini Tender Offers
« Reply #4 on: June 08, 2019, 08:12:28 AM »
these are scams, they hope a very small portion of people tender by mistake.  you can google about them.   nothing more than that.

This. Assholes.
When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid.

DooDiligence

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Re: Mini Tender Offers
« Reply #5 on: June 08, 2019, 11:40:58 AM »
Thanks, I thought I was missing something but not...

---

I bought EW in 2013 about the same time I started reading on CoBF.

I read up on the business for a month or so before buying.
At the time EW was going through a patent litigation with Medtronic over TAVR.
They also had lawyers trying to get traction on a class action suit over supposed overstatements by management.

The claim was that the company said "so & so" which led shareholders to believe TAVR was going mainstream & even
I could tell this was BS as they had clearly stated that the product / procedure was only for patients who couldn't tolerate
having their chests cracked open for valve replacement.

They never got a lead plaintiff for the class action & I got lucky when they also won the infringement suit with MDT.

I got super lucky on LEAP calls which went crazy post judgement & I also sold off a small portion
of the equity so that I'm way in the black & playing with house money on the position.

I thought I'd try to recreate this setup with equity & LEAPs via MO but so far no good.
I guess since they're killing people instead of saving them?

I still believe that TAVR will eventually reach a wider audience & will continue to hold on.
I have no basis for this belief other than past performance   ???

Lucky
Healthcare 32.7% - CVS DVA EW NVO // BRK.B - 20.6% // Media & Communication 8.3% - CHTR DIS

Drinkers & Smokers 7.5% - ABEV MO // Auto's & Oil 12.4% - CLB GPC VDE // Tech 0.0%

%'s held @ MV 06/18/2019 minus 18.3% investable cash

i trumpet my ignorance

https://twitter.com/tunawish