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LOL, just for fun is always fun... we do play the dream stocks that can pan out occasionally :) Definetly worth watching, not sure how I missed that the other week. He's going to want to make money on that MGHL investment and it is still housed at GAMCO so even a 1% chance of this happening feels good. And $7 as a base and would also be a divy play as well.
Can always dream, either way it reminded me of the low OS here and the connections. One of the best shells out there in my opinion.
Pushing harder for uplist soon w/o any need for RS? Seems awfully thin lately too, if they keep buying like that in addition to increased investor interest could be at $4 quickly.
Great post, exactly how I feel. Few shares in the float IMO based on how many were trading previously. Really all about what Princeton decides to do here. This could be one of those long hold ones that really builds out beautifully.
And ~3.4 million OS means this will rocket if there is any possibility. With $47.5 billion in assets isn't hard to see if there was seen a slight likelihood of MGHL playing a role what the chances could be. What happened with VL_TC reminds me of how powerful and out of the box investors like Icahn and Gabelli can be. Wouldn't put it past Gabelli to do something like this.
Just remembering that even though Evans was brought in as CEO and Gabelli moved to Chairman address for MGHL is still the same as GAMCO:
401 Theodore Fremd Avenue
Rye, NY
hmmmm...
http://www.wsj.com/articles/gabellis-gamco-to-pursue-splitting-in-two-1428699819
Gabelli is Chairman of the Board and MGHL is seeking an entity to roll in here. Keeping a close eye now. Of course if there was any chance of it to roll in, huge upside potential.
On ~600,000 shares traded yesterday this traded up from 1.38 to 1.65. If this ever got anywhere near the ~35,000,000 shares traded today by other Icahn play EN_ZN, more than the entire O/S here this could easily pop right up and be a significant mover like VL_TC. The crowd may or may not end up seeing the story here, but the fundamentals and value of this company remain sound. Great value & potential, with limited downside risk atm.
That's right, I remember you shifted a while back. If I only knew how to properly play options. I feel like every time I try I turn into a total idiot :) lol
Yeah something I like about the play, continues it's uptrend and volume continues to grow as it moves up, we'll see. I don't feel it's just message board money that's coming in, supposed to look to uplist in next month or two. In the filings insiders said they would be buying up to $4. Either way, hope you're well!
Loving the activity lately, been looking real solid. You may be right on $4+ happening sooner than thought. Feels like there is not just penny stock money at play here, only time will tell.
I am also really looking forward to seeing how many are adopting the patent utility. This next 2 quarters should give us a lot of good information to work with.
Icahn buying 12.5 million shares last year at 1.53/share is enough for me to follow his lead. He put $19,000,000+ into this stock last year and from his history I imagine he doesn't put in money with no plan to see that investment grow. Zero doubt in my mind that this will make a very strong run, the only question is when and how high. My gut is that much like VLTC, once there is a move it will be too late to get in at low prices, it will spike rapidly. So I have been and will continue to hold long with limited downside based on currently being below NAV and the strong cash position here.
A few quick stats for new eyes:
1 year ago Icahn owned 40.03% of the shares in KDUS, he now owns 67.81% of the O/S. He acquired 27% more of the OS in June of last year.
As of December 31st:
$42,267,403 in assets
$84,583 in liabilities
$11,877,951 in cash
~$20,100,000 in NOL carryforwards
It appears short-term that they determined using some of the cash for real estate investment purposes made the most sense, but they remain open to the original purpose of finding an acquisition/merger partner.
Yeah, surprised at the minimal volume it's taken to pop up here after seller, very good sign and minimal chatter on it still.
Looks to me like $2+ easy, what a great move so far, I think just the beginning
Very true, still relatively few aware of the story, so much great DD on this. As people see it interest should keep growing, will be great to see what Icahn's ultimate plan is for it.
Strongest volume in last year here. Watching that 1.75-1.80 level, if it goes higher, watch out, blue skies.
Really strong bid side and ask hits atm. If this keeps it up, could definetly keep breaking to upside here.
Definetly agree, one of best legit plays in Penny land and with Icahn's son in law in charge, his ownership share and substantial assets at these levels a great buy and hold. Could easily make a VLTC type move.
No 10-K yet, letting it lapse or Bronson too busy? Interesting, as never been late before and in conjunction somewhat with the website going down.
Can buy up to $4 according to that plan, so would expect it. Good stuff.
PPRO getting volume and up 36% in last couple days, seller gone? This may be the start of a move up, definetly nice looking double bottom signature. We'll see, tomorrow should tell us alot. Will the volume continue and the buyers continue to hit the ask.
PPRO getting volume and up 36% in last couple days, seller gone? This may be the start of a move up, definetly nice looking double bottom signature.
Sure seemed thin on the upside today, continues the great activity from yesterday, seller gone? Up 36% since lows hit on Tuesday and with volume. Definetly signature of a double bottom, let's see what happens tomorrow, will tell us alot.
Published today on WSJ from PPRO chief economic advisor on innovation: http://blogs.wsj.com/washwire/2015/04/15/whats-boosting-u-s-manufacturing-networked-innovation/
I think so too. And this gamble is not unlike the business model gamble that he made with PCLN. He is ahead of the curve and is a first adopter in the space, great potential. And let's not forget the amazing ride the PCLN stock went on, this has that potential.
A little more on how new partner Intellectual Ventures spins off some of the IP under it's control into innovative products/companies.
http://www.wired.com/2015/04/flat-antenna-finally-give-us-good-plane-wi-fi/
Definite strength today, it does appear the shares are in stronger hands and the bid side is much more active.
Looks like it, maybe also shaking out some people who were worried on RS. What people don't think about is that even if there was a 3 to 1 RS as company said may or may not happen, it is all to get the PPS so they can uplist which they have already said is potentially within the next month.
Uplisting to major exchange with management and product that is here and then the big boys can play much as they did with Priceline (previous Walker company) went public. That is something that is never bad.
Bid side just starting to strengthen up again at 1.20 level. Will be watching this action to see what happens. Will seller continue or will this level hold it's ground.
Yup, shorter term now murky with this relentless seller, may likewise average down here once it's clear seller(s) is out and not hitting the bid as they have been.
ARCA suddenly showing up too, you may be right, more people from those pos am/effect filings perhaps.
Man, just wiped out bid strength, appears someone wants to see this go down.
Seems like pretty much every day now we're seeing them buy
Yeah, see that pressure on downside, bid side looks pretty strong though on it for now.
RAFF just bought a whole bunch at 1.35 and then put a sale in at 1.34. The moment it was hit by small buy they bumped up to 1.38. I definitely feel there is more at play here than meets the eye.
Hey sir, how goes it? Nice to see the board still alive and chugging along. Playing pennies still?
Recent antitrust case may have something to do with Intellectual Ventures playing ball with it's patent portfolio. I wonder if that may lead other patent holders seeing writing on the wall and looking for an impartial system, like the U.S. Patent Utility to get around that situation?
http://www.law360.com/articles/626900/capital-one-can-pursue-intellectual-ventures-in-antitrust-case
Right time for a neutral entity to play a role?
Yeah, all a little rigged game. If they can build enough momentum and convince big names they need to protect themselves by participating and convince IP firms like Intellectual Ventures that they need to team up along with individual IP holders, then you could see a quick shift in things and they will have cornered the market through the utility.
Smart, smart thinking and the kind of market shaking move that could have large impact in the world of IP. With management and associated names I think this is very possible, especially if they can now reach out to other companies (Apple, Facebook, MSFT) who worked with Intellectual Ventures on Kodak deal. If one of, if not the biggest patent player in tech with Intellectual Ventures wants to team they must be making some traction. Looking good to me.
More here, quick research on Rafferty and patent related plays.
They definetly follow and are involved in the patent game and analysis, they might be seeing other things we are not privy too. Mentioned in this analysis of Kodak patent portfolio.
http://www.bloomberg.com/news/articles/2011-08-17/kodak-worth-five-times-more-in-breakup-with-3-billion-patents-real-m-a
Could just be coincidence, but another article on Kodak, guess who acquired patent portfolio, consortium led by Intellectual Ventures that has many, many other big names in play and associated. Fascinating.
http://spectrum.ieee.org/at-work/innovation/the-lowballing-of-kodaks-patent-portfolio
Quite a bid stack too, who is this RAFF who just showed up? They are definetly looking to take some big chunks here.