Whopper Investments

Imperial Holdings $IFT: The hard money’s been made

Whopper — Fri, 17 May 2013 15:25:36 +0000

It’s no secret that one of my favorite investors to follow is Bulldog and the Special Opportunities Fund (SPE). So when their founder was elected chairman of the board of Imperial Holdings (IFT), I took notice. In the past few weeks, they’ve had several significant developments that have caused the price of the stock to [...] Related posts:

Taking advantage of $EBIX volatility

Whopper — Wed, 15 May 2013 03:44:35 +0000

An upfront warning: this is much different than my normal investment wheelhouse. Options involve risk of serious loss. Do your own diligence, etc. Last week, I posted that I thought the EBIX merger arb was potentially attractive. If that post wasn’t your cup of tea, than this post certainly isn’t going to be up your [...] Related posts:

Whistler Blackcomb $WB and the curious case of minority interest

Whopper — Tue, 14 May 2013 04:13:53 +0000

Yesterday, I put up a post on Winland (WELX) that accidentally put the ticker as “WEXL” instead of “WELX.” Of course, this was a mistake on my part. But it got me thinking about a post I’ve been meaning to put up for a while on the importance of doing your own research and thinking for [...] Related posts:

Winland $WEXL : new activists set to unlock big value

Whopper — Mon, 13 May 2013 15:59:44 +0000

When the facts change, I change my mind Two months ago, I posted about a potential “forced selling” opportunity in Winland (WEXL). I also noted that I had not taken a position in the stock. The reason I hadn’t taken a position was simple: the business, at it’s core, is pretty terrible. However, as the [...] Related posts:

$HMNC : does the risk outweigh the 5x return potential?

Whopper — Mon, 13 May 2013 02:58:54 +0000

Hondo Minerals (HMNC) is an interesting situation. It seems like a potential 5 bagger within a year or so, but my red flag alerts keep going off. So I’ve decided to pass, but just because I’m passing doesn’t mean it won’t be interesting for some readers! The thesis is pretty simple: a company is offering [...] Related posts:

KSE raises $OUTD bid; is the end near?

Whopper — Thu, 09 May 2013 02:56:10 +0000

It’s been almost a week since I’ve updated the Outdoor bidding war, so it’s time to provide an update! For a quick background, in my last post KSE had just received a $9.35 bid from KSE. I predicted the Intermedia would raise their bid to $9.75 after market close the next day; unfortunately, I was way off: [...] Related posts:

$TBAC is in desperate need of a takeover

Whopper — Wed, 08 May 2013 09:00:18 +0000

In what’s become something of an annual tradition, this week I once again investigated an investment in Tandy Brands (TBAC). This time, however, I broke tradition and ended up buying a few shares. This post will discuss why I think an investment is cheap at today’s prices, but it all basically boils down to this: [...] Related posts:

What are you waiting for? Start a blog!

Whopper — Mon, 06 May 2013 11:00:12 +0000

Aside from net-net investments, perhaps the one theme I have discussed the most on this blog is how to become a better investor. Many people will say the way to do so is to start reading annual reports and investing your own money. And I have no qualms with them. But the true secret is that [...] Related posts:

$EBIX merger arb: does the risk outweigh the reward

Whopper — Fri, 03 May 2013 11:00:13 +0000

EBIX is something of a battleground stock. It’s been bashed by short-sellers who have questioned it’s accounting methods and tax treatment. Some of the short sellers have also called it a “house of cards.” At the same time, some value investors have been absolutely enthralled by the stock. It was, by far, the most mentioned stock in [...] Related posts:

$OUTD receives higher bid from KSE, ball in Intermedia’s court

Whopper — Fri, 03 May 2013 03:22:32 +0000

A quick update: after market close today, Outdoor announced that they had received a higher bid from KSE. The new bid is for $9.35 and tops Intermedia’s bid of $9.15. So far, the situation is playing out just like I wrote up in my last post. The ball is in Intermedia’s court now. I think they make [...] Related posts: