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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (4685)1/1/2018 9:21:38 PM
From: robert b furman  Read Replies (1) | Respond to of 7239
 
Hi Rick,

Thanks for last years posts and ideas.

I think even more importantly is the honesty and recap you've just shown us how to do.

Searching one's sole so to speak.

If we all pick up that one lesson from you, 2018 will be a better year!!

Thanks and I wish you a very successful 2018 - I have the feeling it will be!!

Bob



To: richardred who wrote (4685)12/26/2018 12:34:19 PM
From: richardred  Read Replies (3) | Respond to of 7239
 
HAPPY NEW YEARS TO ALL IN 2019

2018 SITT year in review. 3 hits this year. BMS-WRD-MITK were in my portfolio, only MITK on the 2018 TT SITT list. The wild pick to boot

Of the 1 hit off the 2018 top ten SITT list. MITK-A formal offer was raised, but still rejected. I sold more than 1/2 my shares earlier when the CEO left the company. Final results still pending

Biggest realized losses taken this year- HAIN & CPB-.

Biggest realized gains of the year were weighted positions in CTG-BMS-LYBC & MCF.

MY Biggest disappointments -Same as last year- A Take-under. Having picked a takeover (WRD), but most likely loosing a lot of money on it. Also seeing BMS call options go worthless from huge gains. I was also surprised to see LWAY go into fee fall.

Biggest surprise-REAL industries-Chapter 11 re-organization- Receiving something monetarily from what I left for dead. I however did sell it.

Personal performance for 2018- Lots of money heaven now-Lots of unrealized losses-I took most gains and re-invested in what I thought, and still do, into valued companies. With that said, I successfully sold out of MCF at the right time- . I still own 1/2 of CPB common & some HAIN options. I currently own all of 2019 SITT picks common or calls. My picks Subject to change without notice.

Portfolio Cash position currently about 2%. Once again I don't know what the new year brings, but feel good putting profitable trades into many adds and newer positions that are still depressed.

GITY- Good investing to you for those who decide to accept the investing mission in 2018. I'll be holding on. 2019 SITT picks will be in the next post and the header

Wilson Phillips - Hold On


RR

P.S. Since I'm posting before the final Dec 31 2018 results. I suspect I will end up 2018 in the red.