InvestorsHub Logo
Followers 0
Posts 133
Boards Moderated 0
Alias Born 03/30/2015

Re: JimmyJams post# 75189

Wednesday, 04/29/2015 4:01:25 PM

Wednesday, April 29, 2015 4:01:25 PM

Post# of 80868
Jimmy,

Wynnefield bought in at around $9 a year ago.

If they were so smart they would have waited or not bought in at all. Wynnefield has turned $9m dollars into $4.4m in one year.

Is a negative 50% return on capital a good investment? A hedge fund wouldn't stay in business long with that performance but if you judge that differently, okay.

As for Capstone, a non sequitar. You can sign an agreement to buy the Taj Mahal. Doesn't mean you own it or will ever buy it.

Capstone deal is literally nothing. A worthless contract with no penalty if $90m in sales is not reached and warrants carry cancellation clause and have no value yet overstate the current value of Capstone.at a fixed price of $200m.


Phil Frost convertible has him in @ $4 a share and he has sold roughly half his position at a higher price. Decent performance and significantly hedged.

Wynnefield Capital is in 1.04m shares @ $9 and has accumulated a $4.5m loss so far.

You cite Wynnefield as an example of positive comp? LOL