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4 KIDS ENTERTAINMENT Message Board

  • ezdeek ezdeek Dec 28, 2012 2:43 PM Flag

    Cryptic and secretive until the very end

    It took them exactly one year from the date of the verdict to complete the reorganization. Congrats to 4Kids management and attorneys.

    These guys are pros. They still won't let anyone know what the new ticker symbol is...lol. And they never quite do make it clear as to whether shareholders have to do anything to get the new shares. It is ambiguous, as usual, but at least today they state that the shares automatically convert. It must be boilerplate when they mention that the stuff about turning in shares, and only having the rights to the shares.

    The only two things that aren't ambiguous is that the NOL's were the main prize all along, and they spell that out very clearly today and in previous filings. The other issue that is one hundred percent clear is that I blasted it out of the park on this. You have to be very comfortable with your ability to analyze and read the tea leaves on something like this, if you are going to hold from April 2011 all the way until 2013.

    It is my belief that this is one of the most unique situations you will have find. Those who followed along, and really understood what was happening, will make a boatload of money relatively soon, if they hold their shares.

    It was never possible for a lot of people to make big money here. There are only 13.7 million shares in total. The shares were never diluted in decades. Insiders, or those close to insiders, held roughly 50 percent of the shares all along, and there were likely only a few million shares that were ever truly up for grabs during the last 20 months.

    Everything happened exactly like it should have. If you really did your homework, then you know that this could not have gone better if it played out 100 times. Mission accomplished.

    Now we move on to a new phase, and it should bring lots of joy to shareholders.

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    • "These guys are pros. They still won't let anyone know what the new ticker symbol is...lol."

      Irrelevant.. anyway those of us holding shares already will be among the first to know.

      "And they never quite do make it clear as to whether shareholders have to do anything to get the new shares. "

      They clearly describe the process. not sure where your confusion stems from.

      "It is ambiguous, as usual, but at least today they state that the shares automatically convert. It must be boilerplate when they mention that the stuff about turning in shares, and only having the rights to the shares."
      not at all; it's necessary language regarding the handling of certs.

      "The only two things that aren't ambiguous is that the NOL's were the main prize all along, and they spell that out very clearly today and in previous filings. "
      In the absence of anything else, sure.

      "The other issue that is one hundred percent clear is that I blasted it out of the park on this. You have to be very comfortable with your ability to analyze and read the tea leaves on something like this, if you are going to hold from April 2011 all the way until 2013."
      You still have only a rudimentary grasp of what the future holds, which isn't necessarily a big deal or a bad thing, unless you somehow overestimate your 'performance' to date.

      "It is my belief that this is one of the most unique situations you will have find. "
      The only thing remarkable about this situation is the absence of overt self dealing. pure dumb luck, as previous billing statements indicate.

      "Those who followed along, and really understood what was happening, will make a boatload of money relatively soon, if they hold their shares."

      And those who truly, really understood will make a boatload more, having let much of their holdings go from .70-.65 and rebuying under .50 :)

      deek, also kind of amusing, the "Q covering" EOY play you were looking for happened to be WMIH. did you hit that one out of the park? How about DDMGQ?

 
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0.500.00(0.00%)Dec 28 10:30 AMEST

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