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SINA Corporation Message Board

  • army1ranger army1ranger Jun 4, 2014 2:13 PM Flag

    SINA collars Weibo stake...

    As happened years back with one of my holdings, AFCI had a stake in Cerent and Cisco bough them. So AFCI ended up with about 11 million shares of Cisco and put a costless collar on the stock to protect its value. If SINA put a collar on WB they are locking in almost 3.4 billion in current value. Thats cash in the bank they cant lose even if WB goes to zero. I hope some trade desk has this set up for them or is in the process. SINA with this in place would be hands down the best for sure investment in the markets today, no matter their additional billon in cash or the portal value. Stock is easily worth mid $50's today.

    I think we'll get word of the collar soon. Or I'd hope we do.

    Sentiment: Strong Buy

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