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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 7.040+2.6%3:59 PM EDT

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To: richardred who wrote (3140)10/22/2012 5:29:08 PM
From: Paul Senior  Read Replies (3) of 7239
 
JAKK. Upped my small losing position by a few shares.

Latest Barron's says medical doctor extraordinaire and billionaire investor Patrick Soon-Shiong has made an initial filing reporting ownership of 9% of JAKK. Why he would buy so many (or any) shares of this odd or iffy toy company, I do not know.

I do see that several "value-type" firms hold shares (per Yahoo): Pzena, Third Avenue, Franklin Resources, Templeton Global.

I am following along.
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