Author Archives: Inelegant Investor
Image via Wikipedia Cablevision Systems Corporation(CVC) which spun off Madison Square Garden(MSG) earlier this year is back at it, announcing that it plans to spin off its Rainbow Media Holdings business in mid-2011. Rainbow Holdings owns such popular cable channels as AMC, WE, IFC, and Sundance. Investors appeared enthused about the move, with the stock moving up 6.84%… Read More »
Just came across a bullish write up on Furiex Pharmaceuticals(FURX), which was recently spun off from PPDI, and has since dropped significantly in share price. Above Average Odds points out the indiscriminate selling, strong management, large cash hoard, and pipeline in making a case for “a wonderful asymmetric risk reward opportunity.” Definitely worth reading and considering. Disclosure: Author… Read More »
As Ted pointed out in the last comment thread, Parametric Sound Corporation finally announced a ticker last week. The stock will trade on the OTCBB as PAMT. So far the stock has fallen from a high of $.50 to $.30 on low volume, but not much here until the company can start showing some revenues.Meanwhile, former parent LRAD… Read More »
Parametric Sound, which was spun off by LRAD earlier this week, still has no ticker on any market as far as we can tell. LRAD, on the other hand, is up over 50% today on news that it had received a huge order from a foreign government. THe order will deliver $12.1 million in revenue in the first… Read More »
Ealier, we wrote on the upcoming LRAD spinoff of Parametric Sound in LRAD to Spin Off Parametric Sound, The Company Nobody Wanted. Things have proceeded and the company will be distributing 1 share in Parametric Sound on September 27 for every 2 shares of LRAD owned on September 10. The new company will trade on the OTCBB and… Read More »
CXO Advisory recently reviewed the literature regarding spinoffs, and brings several relevant studies which detail positive returns for spinoffs. The abstracts presented describe some interesting results, we hope to take some time to review the papers themselves in the near future.
Just wanted to call everyone’s attention to the new discussion board we launched last week. There has already been some early activity. Please head over and join in!
Tyco(TYC) announced today that it intends to spin off its Electronic & Metal Products division. The former conglomerate intends to file more information with the SEC over the next few months, and to complete the transaction in the first half of 2011. The business to be spun off “designs, manufactures and sells galvanized steel tubes and pipes, electrical… Read More »
Welcome to Stock Spinoffs! We conceived this site in response to our inability to find a reliable source of free information on upcoming stock spinoffs. Spinoffs are a type of special situation, and savvy investors have long known that they can be a great way to find value and profit. It is well known that most corporate M&A… Read More »