Monthly Archives: July 2013

Zynga Cuts Losses After Flirtation With Gambling.

It turns out that gambling is illegal and the government is not too keen on online gambling. It is unfortunate, as I was quite curious to see how that strategy would’ve looked in practice.  As of this writing, shares have … Continue reading

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Apple Rises After Earnings Release – A Bit Behind the Numbers And A Look Ahead

Apple rises on earnings increase, but behind the numbers lurk concerns about a maturing product line. As of this writing, Apple closed up 5.14%, plus an additional 0.11% in after hours trading, following the release of Q3 earnings. Apple seems to … Continue reading

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IPO Note: Diamond Resorts International, Inc. And The Scope Of Its Business. Selling Timeshares Vs. Financing Them.

Seller of time shares is really in the real estate finance and securitization business. We were taking a look through the prospectus for Diamond Resorts’ IPO to get a sense at the quality of the offering. Diamond Resorts does receive … Continue reading

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Aspect Software to Acquire Voxeo To Bolster Leadership In Outbound Contact Center And To Use The Word “Cloud”

At last six times in the press release, which served up additional ads mentioning “Cloud.” Well done. Aspect Software announced it is acquiring Voxeo Corporation in a $150 million merger. Aspect is a “leading provider of fully-integrated customer interaction management, … Continue reading

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Anatomy of a Trade: A Solid Gain For A Very Frustrating Trade

When 4.45% over two weeks hardly feels worth it. As The Fund uses short-term trading strategies, we are usually thrilled at 2% gains per week.  In late June, we noticed a large drop in the stock price for Ebix, … Continue reading

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Plenty Of Room On The Bandwagon As Starboard Takes A Big Stake In Elliott Associates Project Emulex Corp.

Starboard Value takes the Fantastic Voyage with Elliott Associates as it awaits Emulex Corporation’s sale. It is always heartwarming to see two of our favorite funds working together, sort of. Starboard Value disclosed a 6.9% stake in Emulex Corporation in … Continue reading

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How Much Is It Worth To Hire Someone To Save Your Company, Zynga Edition

About $0.15/share for a company trading at $3.30 (as of this writing). So, Mark Pincus is out and Don Mattrick is in as Zynga CEO.  So, how much is it worth to try to revive the once high-flying company? Here … Continue reading

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Quality Systems Does Not Have Quality Leadership, Says Clinton Group As It Contests Director Election At Upcoming Meeting

Activist Investor Clinton Group files proxy statement for the election of its seven nominees to the Quality Systems Board of Directors. Quality Systems, Inc. is an IT company in the healthcare industry. According to activist investor Clinton Group, Quality Systems … Continue reading

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Emulex Climbing Back Up As We Lock It Back Down.

ELX up sharply on rumors it is considering a strategic transaction. After struggling this year, Emulex Corp. shares are up over 15% today, as of this writing.  There seem to be rumors that Emulex has hired bankers to pursue “strategic … Continue reading

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Why Company Behind Candy Crush Saga May Be Considering An IPO

Cross-posted at My Gamasutra Blog. Midasplayer International, also known as ‘King,’ may be preparing an IPO, which may be prompted by their long-time investors. The company behind Candy Crush Saga is reportedly considering an IPO.  According to reports, Midasplayer International … Continue reading

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