Mon, Jul 14, 2014, 8:59 AM EDT - U.S. Markets open in 31 mins.

Recent

% | $
Quotes you view appear here for quick access.

FRMO Corp. Message Board

  • ggggg51 ggggg51 Sep 4, 2013 9:30 AM Flag

    FRMO discovered....

    Been following what Murray Stahl and Steve Bregman are doing. Can't figure out how the company is structured but obviously it hasn't gone unnoticed by the action of the stock. Stahl is followed on Gurufocus which is testimony to be taken very seriously in the professional community. The companies relationship to Horizon Kinetics is confusing but seems like FRMO's performance is tied directly to HK's. Any insight would be appreciated.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • FRMO owns around 5% of Horizon. it is my understanding FRMO will continue to purchase more of HK in the coming years. Murray is a genius, this is more of a bet on the jockey. FRMO is largely held by principals at Horizon. As HK continues to get funneled into FRMO i believe the price will continue to appreciate

      • 1 Reply to wrb335
      • Murray Stahl is a certified genius, unique grey matter, I.e. One of a kind. From nothing he has first made his firm Horizon Kinetics a 9 billion AUM firm and FRMO Corp is now fast approaching 100 million of LIQUID investments and cash, virtually no liabilities so NW is close to total assets. P&L has probably largest margins of any business on the planet. -- close to 90% pretax

        As HK Is funneled into FRMO the share price wilI INCREASE BECAUSE HK IS GROWING AND IS POSSIBLY THE MOST PROFITABLE ASSET MANAGER ON THE PLANET

        Sentiment: Buy

 
FRMO
9.10+0.30(+3.41%)Jul 11 3:42 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Citigroup Inc.
NYSEFri, Jul 11, 2014 4:00 PM EDT
Whiting Petroleum Corp.
NYSEFri, Jul 11, 2014 4:05 PM EDT
Mylan, Inc.
NasdaqGSFri, Jul 11, 2014 4:00 PM EDT