Wednesday, April 15, 2009

A Foolish Fool's Take on FMCN

With particular attention to the section titled "4. Back in Focus," Rick has done his part in explaining the FMCN-SINA transaction however he was not very specific on what/when to buy and what/when to sell.

Going on about how FMCN jumped on "uninspiring results" - saying that it was likely the market realizing the value of the SINA transaction - all the while insinuating that FMCN stock is a sell now because its earnings will go to zilch.

Mr. Munarriz, why sell FMCN if you believe the transaction will go through, leaving a 40% arbitrage gain on the table?

Bravo my friend!

Violent Capitalist's take:

Fool's original article:

No comments:

Post a Comment