tombgrt Posted July 28, 2015 Share Posted July 28, 2015 Good results. With the ugliness getting out of the way, the numbers hopefully gets clearer for others as well. I knew I was going to eat my hat for not buying back the 10% I sold last week. Idiotic for thinking that, I know! This stock is way to volatile to hold as a 25%+ position. Only doable now because my net worth is still small. Link to comment Share on other sites More sharing options...
tombgrt Posted August 6, 2015 Share Posted August 6, 2015 This stock is way to volatile to hold as a 25%+ position. Unless it's upside volatility of course. Up 65% in 13 trading days. Nuts! As always, I have been selling some. :) Link to comment Share on other sites More sharing options...
krazeenyc Posted August 10, 2015 Share Posted August 10, 2015 http://finance.yahoo.com/news/shenandoah-telecommunications-company-acquire-ntelos-201000684.html Link to comment Share on other sites More sharing options...
AccentricInv Posted August 10, 2015 Share Posted August 10, 2015 Wow. Great call Packer. Kept this one on the radar for a while after you mentioned it, but never pulled the trigger... what a mistake. Nice 130% in 7 months... Link to comment Share on other sites More sharing options...
mankap Posted August 10, 2015 Share Posted August 10, 2015 Great news. Thanks for the great idea Link to comment Share on other sites More sharing options...
Gamecock-YT Posted August 10, 2015 Share Posted August 10, 2015 Well I guess the Financial Times had it right all along! Many thanks Packer and hellsten. Hopefully tombgrt hasn't taken to eating more than his hat. ;) Link to comment Share on other sites More sharing options...
fareastwarriors Posted August 10, 2015 Share Posted August 10, 2015 Wished I bought more. ;D ;D ;D Link to comment Share on other sites More sharing options...
argonaut Posted August 10, 2015 Share Posted August 10, 2015 + 1 Thanks Packer!! Link to comment Share on other sites More sharing options...
Moht Posted August 10, 2015 Share Posted August 10, 2015 Should welcome it. Downgrade and here they all go again. :) Only sold another third of position at $8.5 but better than nothing I guess. Yeah, I agree with Tom. At a 6x 2015 EBITDA acquisition price, that’s $12.50 a share -- a double from here. Is Shentel having some financial issues that would prevent an acquisition? Or is this just the typical fluctuations of a low float microcap? Thinking it's the latter. So maybe I was a little aggressive at 6x EBITDA. $9.25 is ~5.2x EBITDA. Great work everyone involved here. Moht Link to comment Share on other sites More sharing options...
kab60 Posted August 10, 2015 Share Posted August 10, 2015 This was a nice surprise even though it seems like a good price for the buyer. I almost doubled my money twice on this company (selling after rumour, buying on the following dip) and before the announcement it was a 20 percent position. Thanks for bringing it to my attention, Packer. If you ever come by Copenhagen I owe you a beer. Link to comment Share on other sites More sharing options...
tombgrt Posted August 10, 2015 Share Posted August 10, 2015 Well I guess the Financial Times had it right all along! Many thanks Packer and hellsten. Hopefully tombgrt hasn't taken to eating more than his hat. ;) Oh no, it was still a 23% holding at close today so I'm quite happy. Return wise I made plenty as I also traded when it was at $8+ some time ago. It could just as well have been a 30% position or 10% depending on the situation of my portfolio etc etc. Really can't complain, it's always easy in hindsight. It just seems like a cheap price, would have expected $12 at least. Especially given Quadrangle involvement at higher prices. Ah well... Many thanks to Packer (as usual). I own plenty to him and his great picks these last two years. Link to comment Share on other sites More sharing options...
gurpaul88 Posted August 10, 2015 Share Posted August 10, 2015 Any chances of this falling through? Link to comment Share on other sites More sharing options...
gurpaul88 Posted August 10, 2015 Share Posted August 10, 2015 http://finance.yahoo.com/news/shareholder-alert-levi-korsinsky-llp-211800604.html Link to comment Share on other sites More sharing options...
phil_Buffett Posted August 11, 2015 Share Posted August 11, 2015 thanks to packer!!!!! we all owe you something :) thanks for that. also thanks to all other great contributors to this thread. two buyouts (pcp and ntelos) on one day, i should mark this date :D 8) Link to comment Share on other sites More sharing options...
Agrippa07 Posted August 11, 2015 Share Posted August 11, 2015 Although it was only a 5% position still a nice return for an investment that was initiated a month ago.. :D Thanks Packer and Tombgrt for your great contributions to this threat!! Link to comment Share on other sites More sharing options...
RuleOneInvestor Posted August 11, 2015 Share Posted August 11, 2015 Thanks for the great idea Packer! Link to comment Share on other sites More sharing options...
tombgrt Posted August 11, 2015 Share Posted August 11, 2015 Although it was only a 5% position still a nice return for an investment that was initiated a month ago.. :D Thanks Packer and Tombgrt for your great contributions to this threat!! Please, I didn't contribute anything meaningful at all. :) I merely yelled how the stock was cheap and the story simple. It's Packer who deserves the praise here for laying it out for us so clearly without any personal benefit. Link to comment Share on other sites More sharing options...
investor-man Posted August 11, 2015 Share Posted August 11, 2015 Packer++ Link to comment Share on other sites More sharing options...
Packer16 Posted August 11, 2015 Share Posted August 11, 2015 Thanks for the feedback and collaboration. It made for a better investment case. Packer Link to comment Share on other sites More sharing options...
Investmentacct Posted August 11, 2015 Share Posted August 11, 2015 Thank you Packer for your generosity. Link to comment Share on other sites More sharing options...
Lowlight Posted August 11, 2015 Share Posted August 11, 2015 Packer - I would like to reiterate everyone's comments. Your willingness to share your thought and investment processes on the CoB&F board are very much appreciated. I hope all of us are able to find and share an idea of similar quality one day. Thanks again! Link to comment Share on other sites More sharing options...
simplefocus Posted August 12, 2015 Share Posted August 12, 2015 Packer, you're beyond awesome! Thanks! Link to comment Share on other sites More sharing options...
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