ryanhegs.com - Investing, Business, and More ryanhegs.com - Investing, Business, and More This blog is perfect for anyone with a few hundred or a few thousand dollars to invest. This blog uses arbitage opportunities in small companies to make huge profits with very little risk. Articles
Chapter 2: Flattener #7 - Supply-Chaining
2008-01-31 06:37:00 The World Is Flat: A Brief History of the Twenty-first Century- Thomas L. Friedman Chapter 2: The Ten Forces That Flattened the World Flattener #7 Supply-Chaining: Eating Sushi in Arkansas Friedman points to supply-chaining as the seventh force that flattened the world. He defines supply-chaining as “a method of collaborating horizontally–among suppliers, retailers, and customers–to create value” (p. 152). ... More About: Chapter 2
Peoples Bancorp (PFDC) Going Private
2008-01-29 06:21:00 Peoples Bancorp (PFDC) is considering a 760-1 reverse split with fractional shares paid-out at $16.75/share. PFDC is currently trading at $14.84/share. HOWEVER - this will only be at the record level - shares in street name will not be cashed out. In order for this to work you would need to become a shareholder of ... More About: Investing , Private , Arbitrage , Peoples
Citizens Bancorp Update (CZBC)
2008-01-23 00:59:00 According to this December 20 8-K, Citizens Bancorp (CZBC) voted in favor of the reverse split. Looks like I should be expecting my $23.50/share anytime, although it could take a while (as was the case with Harold’s Stores). This will make me a few hundred. I bought the stock at $20.55/share. It has since dropped ... More About: Investing , Update , Arbitrage
Citizens Bancorp Update (CZBC)
2008-01-23 00:59:00 According to this December 20 8-K, Citizens Bancorp (CZBC) voted in favor of the reverse split. Looks like I should be expecting my $23.50/share anytime, although it could take a while (as was the case with Harold’s Stores). This will make me a few hundred. I bought the stock at $20.55/share. It has since dropped ... More About: Investing , Update , Arbitrage
Magstar Update (MGST)
2008-01-23 00:44:00 I haven’t paid much attention to Magstar Technologies (MGST) since I bought the stock in December for $0.28/share. It has since gone up to $0.40/share. It appears that they have changed the date of the reverse split to February 5, at which point my shares will be bought for $0.425/share. I’m tempted to sell now ... More About: Investing , Update , Arbitrage
Magstar Update (MGST)
2008-01-23 00:44:00 I haven’t paid much attention to Magstar Technologies (MGST) since I bought the stock in December for $0.28/share. It has since gone up to $0.40/share. It appears that they have changed the date of the reverse split to February 5, at which point my shares will be bought for $0.425/share. I’m tempted to sell now ... More About: Investing , Update , Arbitrage
Bought More Allscripts (MDRX)
2008-01-17 05:58:00 Allscripts (MDRX) has taken quite a beating in the last month or two. I took this opportunity to purchase more shares today at the lowest price I’ve bought them yet ($16.20). I wish I would have picked them up at the day’s low of $15.97, but I’m happy with my purchase as the stock closed ... More About: Investing , Growth
Bought More Allscripts (MDRX)
2008-01-17 05:58:00 Allscripts (MDRX) has taken quite a beating in the last month or two. I took this opportunity to purchase more shares today at the lowest price I’ve bought them yet ($16.20). I wish I would have picked them up at the day’s low of $15.97, but I’m happy with my purchase as the stock closed ... More About: Investing , Growth
Movement with Harold?s Stores (HLDI) (HRLS)
2008-01-10 03:40:00 Good news! Looks like we are finally seeing the expected action with Harold ’s Stores (HLDI). Looks like Harold’s Stores ticker has changed to HRLS. My 999 shares are now listed as HLDI# (changed to HLDI.C1 on 1/10/08). Should get my $300 fairly soon. My original post on HLDI. More About: Investing , Arbitrage
Movement with Harold?s Stores (HLDI) (HRLS)
2008-01-10 03:40:00 Good news! Looks like we are finally seeing the expected action with Harold ’s Stores (HLDI). Looks like Harold’s Stores ticker has changed to HRLS. My 999 shares are now listed as HLDI# (changed to HLDI.C1 on 1/10/08). Should get my $300 fairly soon. My original post on HLDI. More About: Investing , Arbitrage
Sold Oregon Pacific Bancorp (OPBP)
2008-01-09 02:33:00 Today I sold all of my shares of Oregon Pacific Bancorp (OPBP). In my previous post I thought I had found a good arbitrage opportunity; however, as Jim pointed out in his comment, the reverse split would not do any good for me as my shares were held in “street name” (by Scottrade). Fortunately ... More About: Investing , Sold , Arbitrage
Sold Oregon Pacific Bancorp (OPBP)
2008-01-09 02:33:00 Today I sold all of my shares of Oregon Pacific Bancorp (OPBP). In my previous post I thought I had found a good arbitrage opportunity; however, as Jim pointed out in his comment, the reverse split would not do any good for me as my shares were held in “street name” (by Scottrade). Fortunately ... More About: Investing , Sold , Arbitrage
Oregon Pacific Bancorp (OPBP) - Tricky
2008-01-04 00:51:00 Last night I happened across another going private arbitrage opportunity. This one, Oregon Pacific Bancorp (OPBP) was a little trickier than most that I have seen. The preliminary proxy and the schedule 13 were both posted on Jan. 2 (yesterday). They are proposing a 500:1 reverse split with fractional shares cashed out at $13/share. With ... More About: Investing , Tricky , Arbitrage
Oregon Pacific Bancorp (OPBP) - Tricky
2008-01-04 00:51:00 Last night I happened across another going private arbitrage opportunity. This one, Oregon Pacific Bancorp (OPBP) was a little trickier than most that I have seen. The preliminary proxy and the schedule 13 were both posted on Jan. 2 (yesterday). They are proposing a 500:1 reverse split with fractional shares cashed out at $13/share. With ... More About: Investing , Tricky , Arbitrage
Goodbye India - Sold IIF
2008-01-03 23:03:00 This morning I sold my shares of Morgan Stanley India Investment Fund (IIF). I purchased this stock back in March of 2006 for $50/share. It was good for some decent dividends and capital gains, but didn’t do much more for me. At one point I think it got up near $65 and then dropped back ... More About: Investing , Goodbye , Sold , Arbitrage
Goodbye India - Sold IIF
2008-01-03 23:03:00 This morning I sold my shares of Morgan Stanley India Investment Fund (IIF). I purchased this stock back in March of 2006 for $50/share. It was good for some decent dividends and capital gains, but didn’t do much more for me. At one point I think it got up near $65 and then dropped back ... More About: Investing , Goodbye , Sold , Arbitrage
Harold?s Stores (HLDI) What?s the Wait?
2008-01-03 04:47:00 What haven’t our shares been cashed out? That seems to be the topic lately. I have family, friends, and readers asking this question and have also come across comments on other sites asking the same question. Below is my response to the concern: I am anxious but not worried. The Schedule 13 and Form 15 ... More About: Investing , Stores , Harold , Arbitrage , Wait
Harold?s Stores (HLDI) What?s the Wait?
2008-01-03 04:47:00 What haven’t our shares been cashed out? That seems to be the topic lately. I have family, friends, and readers asking this question and have also come across comments on other sites asking the same question. Below is my response to the concern: I am anxious but not worried. The Schedule 13 and Form 15 ... More About: Investing , Stores , Harold , Arbitrage , Wait
Bought MagStar Technologies (MGST)
2007-12-29 05:30:00 Today I purchased 1,999 shares of MagStar Technologies (MGST) for $0.28/share. In less than three weeks these shares should be bought back from me for $0.425/share. This will make me a quick $290 (before commissions) on an investment of $560. I’ll take a 50% profit any day! The only thing that would have been better ... More About: Investing , Arbitrage
Bought MagStar Technologies (MGST)
2007-12-29 05:30:00 Today I purchased 1,999 shares of MagStar Technologies (MGST) for $0.28/share. In less than three weeks these shares should be bought back from me for $0.425/share. This will make me a quick $290 (before commissions) on an investment of $560. I’ll take a 50% profit any day! The only thing that would have been better ... More About: Investing , Arbitrage
JLN, MGST, & TOAK - Thanks commenters!
2007-12-21 06:27:00 I’d like to thank two readers, Ian and Mat, for pointing out a few more arbitrage opportunities. From Mat: JLN - according to a recent 8-K it appears that Jaclyn (JLN) is in the early stages of planning to go private. Their tentative plan is a 1:250 reverse split with fractional shares being bought at $10.21/share. JLN ... More About: Investing , Arbitrage
Bought Critical Path (CPTH)
2007-12-21 06:14:00 In my last post I pointed out an arbitrage opportunity with Critical Path (CPTH). I put in a limit order for 13,000 shares (about $1,000 worth) earlier this week for $0.076. The order was completed today. I’ll have to wait longer than I’d like as they haven’t announced the date of the vote yet, but ... More About: Investing , Arbitrage
Critical Path (CPTH) Arbitrage Opportunity
2007-12-16 19:33:00 According to this 8-K, Critical Path (CPTH) is entering into a merger to take the company private. If the merger takes place it looks like it will happen in the spring of 2008. So there is definitely time on this one. If all goes according to plan shares will be bought back for $0.102. The ... More About: Opportunity , Investing , Arbitrage , Unit
Harold?s Stores (HLDI) Update
2007-12-16 18:49:00 According to a December 6, 2007 Schedule 13E3 by Harold ’s Stores , shareholders voted in favor of a 1:1,000 share reverse split. My 999 shares (that I bought for $0.18/share) should be redeemed for $0.30/share very soon. This is a 66% profit in a matter of months. Another easy $100+!! More information on my Harold’s Stores transaction. More About: Investing , Update , Arbitrage
Citizen?s Bancorp (CZBC) Shares Purchased
2007-12-16 18:38:00 I purchased 72 shares of Citizen ’s Bancorp for $20.55/share on December 12, 2007. Due to the low trade volume, this was the maximum number of shares that I was able to purchase before the December 18 vote. If the vote is in favor of the reverse split then my shares will be bought back for ... More About: Investing , Shares , Arbitrage , Ares
Citizen?s Financial - Cash Received!
2007-12-16 18:31:00 On December 12 over $1,800 was transfered into my Scottrade account for the redemption of 249 shares of Citizen ’s Financial (CNFL). This arbitrage oppurtunity gave me an 8% gain (or about $140) on a $1,665 investment in just a month and a half. Read these posts to learn more: When I first pointed out the arbitrage ... More About: Investing , Cash , Arbitrage
A Perfect Mess - Introduction
2007-12-04 06:33:00 A Perfect Mess - Eric Abrahamson & David H. Freedman A Perfect Mess begins with an example of two magazine stores located across from each other on Broadway. One store is highly organized and uses software to track how many magazines are sold and what needs ordered. The other is much less organized, with magazines scattered. ... More About: Introduction
Arbitrage: Citizen?s Bancorp (CZBC) and Altrust Financial (ATFS)
2007-11-19 06:03:00 Citizen’s Bancorp (CZBC) PRER14A on 11/15 states that those holding fewer than 250 shares will have their shares bought at $23.50/share. CZBC is currently trading at $20. This would yield around a 20% profit. Altrust Financial (ATFS), according to a PREM on 11/14/07, will buy shares back at $17.25 if you hold fewer than 6,400 shares. ... More About: Investing , Arbitrage , Citizen
Citizen?s Financial Update (CNFL)
2007-11-16 04:56:00 My 249 shares of Citizen ’s Financial (CNFL) were moved out of my account today. That means that things were successful and are moving along. It is only a matter of time before the cash is transferred into my account. What an easy way to make a quick $150! Read the following two posts to know ... More About: Investing , Update , Arbitrage
66%+ profit opportunity with Harold?s Stores (HLDI)
More articles from this author:2007-11-16 04:50:00 On 11/13/07 I purchased 999 shares of Harold ’s Stores (HLDI) for $0.18 a share. Why? Because according to their most recent definitive proxy statement, on December 6 they will be voting on a 1:1,000 reverse/forward stock split with fractional shares to be paid out at $0.30 per share for every pre-split share. This means that ... More About: Profit , Opportunity , Investing 1, 2, 3, 4 |
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