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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: maverick61 who wrote (26117)	2/22/2007 3:25:24 PM
From: Wallace Rivers	Read Replies (1) \| Respond to of 78740

Sold it today at 26.82, I got about 2 1/2 points out of it. I suspect a short squeeze, I've seen no other news.

To: maverick61 who wrote (26117)	2/22/2007 5:58:27 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78740

Thanks, I've been wondering about SPAC (Special Purpose Acquisition Companies) and why they're so attractive to value people like Seth Klarman, others. I still don't get it, but from what you linked, there are some nice links and stock ideas in there. These dry bulk shippers seem to be on a role. I missed BULK (a/o today symbol NM), some others. Mr. Klarman apparently holds SEA. If this is a typical SPAC (if there is such a thing as typical), there was a warrant attached to the stock. So maybe original investors have the better of it compared to people coming in now (who don't automatically get the warrant)?? Difficult for me to understand. But I'm interested in these: SEA (for bulk shipping), SHA (I'm looking to put money into Shanghai), and IGC (ditto for India). Anyone here with info regarding these companies (if that's what they are) and SPACs?