InvestorsHub Logo

LagunaRad

07/29/17 9:09 PM

#11416 RE: warrentrade1 #11415

That was no run. Just wait!

LilLarry

07/29/17 9:12 PM

#11417 RE: warrentrade1 #11415

There is a reason it made the run, a reason it pulled back, and ten reasons it'll make an even bigger run.

John Kent

07/29/17 9:17 PM

#11418 RE: warrentrade1 #11415



Peter A. Cohen has a 14.1% ownership in TMPS

https://en.wikipedia.org/wiki/Peter_A._Cohen

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12178941

Website showing instituional ownerhsip


https://fintel.io/so/us/tmps

Who are these people:

Per bloomberg Kendall Family Investment llc is a private firm and is owned and controlled by Louis Moore Bacon

Company Profile
Sector: Financials
Industry: Asset Management
Sub-Industry: Investment Companies
Kendall Family Investments, LLC operates as an investment firm.

Who is Louis M Bacon? Louis Moore Bacon (born July 25, 1956) is an American investor, hedge fund manager, and philanthropist.

Forbes Magazine estimates his net worth to be US$1.81 billion, making him the 374th richest person on the Forbes 400 as of February 2017.

So a hedge fund billionaire recently bought a position in TMPS what am I missing here?

This ticker is an absolute steal right now. Folks read the damn filings.

AQR Capital Management, LLC which serves as the investment manager to the AQR Diversified Arbitrage Fund, an open-end registered investment company took a 6% position in TMPS in February 2017.

Here is info on AQR Diversified Arbitrage Fund straigh from their website.

Investment Objective
Seeks long-term absolute (positive) returns. Fund closed to new investors.

Arbitrage strategies seek to exploit mispricings in markets. They do this by looking for two related assets that are trading at different prices, then buy the cheaper one and "short" — that is, borrow and sell — the more expensive one. The difference between the prices is the expected profit of the trade. AQR's Diversified Arbitrage Fund invests in three primary arbitrage strategies:

Merger Arbitrage — consists of buying shares of the target company in a proposed merger, and hedging the exposure to the acquirer by shorting the stock of the acquiring company

Event-Driven Investments — involves various corporate actions where very similar assets begin to trade at different prices (e.g., the different share classes of a public company's stock)

Over time, we seek to balance the Fund's exposure equally among the three while maintaining the ability to make tactical tilts based on each strategy's conditional attractiveness.

AQR Diversified Arbitrage has over $490 mill in assets under their control

Snizzle

07/29/17 9:44 PM

#11419 RE: warrentrade1 #11415

Oh my, ok.....so let's be clear on the commentary " it's already made its run"


What is the % increase from .02 to 1.00?