I got my HRBN payout early today in my account.I now have a fat wad to apply to another investment,but will probably hold my cash for awhile as we are seeing some frothy run-up in sp these last few days.Any of you guys have some ideas I can look into?Thanks in advance.I picked up blocks of HRBN at 8.85,13.58,and 14.45.I am very happy with those returns and love seeing those fool shorts eat their stupid words.Some of them are probably still in denial.
LIWA, it's even more undervalued than FSIN and has had their cash verified.
ACTS is also a favorite of mine since they trade under their net cash, recently raised guidance, and are moving into making chips for the Android platform.
Does anybody find this message from the OCC about DTC not being funded alarming? Is this normal for a going private?
TO: ALL CLEARING MEMBERS
DATE: NOVEMBER 2, 2011
SUBJECT: HARBIN ELECTRIC, INC. - CASH SETTLEMENT/ACCELERATION
OPTION SYMBOL: HRBN
* * * UPDATE * * *
NOTE: OCC has been informed by DTC that the paying agent has not yet funded DTC for
the merger consideration of $24.00 cash. Consequently, OCC will delay settlement of
HRBN exercise/assignment activity until confirmation is received that the cash
consideration has been paid.