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Actions Semiconductor Co., Ltd. (ACTS) Message Board

queen_anne_22 2 posts  |  Last Activity: Feb 6, 2015 3:40 PM Member since: Feb 12, 2007
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  • Every few months I come back to ELON. I am amazed that investors continuing staying with this. ELON is a vehicle for executive enrichment and providing a few jobs. It is certainly not for investors. ELON destroys value. Back in 2009 maybe under $2 was a bargain but now I would not even pay a nickel for it.

    I have no position since I almost never short stocks.

  • Reply to

    Kahn Brothers reduce holdings

    by crosscourtforehand Feb 4, 2015 10:18 AM
    queen_anne_22 queen_anne_22 Feb 5, 2015 4:50 PM Flag

    Kahn selling could be for capital loss harvesting reasons. I am long (very long) NTP and I considered selling some of my shares at the end of last year for tax purposes. Instead as the price continued its downward spiral I loaded up some more and sold puts. I am all for selling covered calls but $5 calls do not pay enough. IMHO NTP is deeply undervalued but investors need to be patient which is not easy. How much is at least 5 million square feet of real estate 15 minutes from the most expensive city in the world worth?

ACTS
1.48-0.03(-1.99%)Feb 26 3:59 PMEST

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