Tuesday, January 11, 2011
NICK!
Someone made an unsolicited, non-binding indication of interest to buy NICK. So they retained Hyde Park Capital Advisors, LLC to figure out their options. Sell all? sell part? buy someone? etc. etc. [are these other options just blowing smoke?]
So NICK stock went up 18% today in response to the news. Closed at $11.93. I still think they're worth at least $18, probably more. I'd happily dump it at $18. I probably wouldn't be all that happy if they sold the business for less than $15.
Our investment banking firm typically works with companies on sellside and buyside engagements in transactions that range in size from $10 million to $500 million or more. Our private placements range in size from a minimum of $10 million to over $100 million.Here's a list of their recent transactions
So NICK stock went up 18% today in response to the news. Closed at $11.93. I still think they're worth at least $18, probably more. I'd happily dump it at $18. I probably wouldn't be all that happy if they sold the business for less than $15.
Thursday, January 06, 2011
inflation
CPI jumps are not inflation, they are a reaction to inflation.
I wanted to capture a link to this so I wouldn't forget it. I've been arguing for a long time that essentially all the world's currencies are being inflated.
I wanted to capture a link to this so I wouldn't forget it. I've been arguing for a long time that essentially all the world's currencies are being inflated.
