3M into NEOG (MMM)

Category: Odd Lot Spin-Out Current Price: $129.14 as of 8/26/21 Expected Price: $156.07  (7.3515 times NEO Share Price of $21.23) — this might be slightly lower if the maximum ratio isn’t achieved  Max Size (for odd lot): 99 shares Expected Timing: September 4, 2022 delivery (note August 31, 2022 deadline for tender) Profit Potential: $2000+ as of 8/26/22 __________________________ 3M hasContinue reading “3M into NEOG (MMM)”

BrightSphere Investment Group (BSIG)

Category: Odd Lot Tender Current Price: $30.44 as of 11/29/21 Expected Price: $31.50 per share Max Size (for odd lot): 99 shares Expected Timing: December 6, 2021 Profit Potential: $104.94 as of 11/29/21 ————————————- BrightSphere is tendering for roughly 40% of shares outstanding at an above market price. Odd lot holders are also not subjectContinue reading “BrightSphere Investment Group (BSIG)”

Reliv International (RELV)

Category: Reverse Stock Split Cash Out Current Price: $3.68 as of 11/12/20 Expected Price: $3.75 per share Max Size (for odd lot): 1,999 shares Expected Timing: November 29, 2020 Profit Potential: $139.93 as of 11/12/20 __________________________ This is very similar to the Westell investment idea I motioned previously. However, it is much less appealing from a profit and ROI standpoint. PressContinue reading “Reliv International (RELV)”

October Wrap-Up

Since there was only one active trade recommendation this month, we will discuss the outcome of the trade: Westell Technologies Reverse Split Cash Out: Entry Price: $1.12 per share Exit Price: $1.48 per share Profit Realized: $0.36 per share capped at 999 shares ($359.64 total) Percentage Return: 32% in just two weeks This played outContinue reading “October Wrap-Up”

Westell Technologies, Inc. (WSTL)

Category: Reverse Stock Split Cash Out Current Price: $1.12 as of 9/25/20 Expected Price: $1.48 per share Max Size (for odd lot): 999 shares Expected Timing: 4th Quarter, 2020 Profit Potential: $359.64 as of 9/25/20 __________________________ Westell is attempting to limit the number of shareholders by cashing all shareholders under 1000 shares out at aContinue reading “Westell Technologies, Inc. (WSTL)”