Author Topic: Mini Tender Offers  (Read 1222 times)

DooDiligence

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BRK.B - 24.9% // Healthcare 22.5% - EW NVO // Auto's & Oil 18.4% - CLB GPC PSX VDE

Banking 9.4% - WFC // Entertainment 4.7% - DIS // Drinkers & Smokers 6.4% - MO

Retail 9.0% - ULTA VLGEA

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%'s held @ MV 2/25/20 fully invested
18 months of $

i trumpet my ignorance

https://twitter.com/tunawis


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/
BRK.B - 24.9% // Healthcare 22.5% - EW NVO // Auto's & Oil 18.4% - CLB GPC PSX VDE

Banking 9.4% - WFC // Entertainment 4.7% - DIS // Drinkers & Smokers 6.4% - MO

Retail 9.0% - ULTA VLGEA

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%'s held @ MV 2/25/20 fully invested
18 months of $

i trumpet my ignorance

https://twitter.com/tunawis

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.
I'm sorry if I have offended you. Please contact this forum's safe space coordinator to work thing out.

@thewritser

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...

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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
BRK.B - 24.9% // Healthcare 22.5% - EW NVO // Auto's & Oil 18.4% - CLB GPC PSX VDE

Banking 9.4% - WFC // Entertainment 4.7% - DIS // Drinkers & Smokers 6.4% - MO

Retail 9.0% - ULTA VLGEA

---

%'s held @ MV 2/25/20 fully invested
18 months of $

i trumpet my ignorance

https://twitter.com/tunawis