With 82,500 shares traded today,which is double the normal daily amount and the stock only goes up $.03 you have to ask where are all these shares coming from? Based on past observation of the stock trades I expect to see another Form 4 from Nat in the next couple of days.
Hey, Robert: I was wrong! I missed the filing where Aristeia dumped all of its stock on 14 feb 2017!! So the potential coalition against Team Burton is actually 6.92% smaller than I thought. This means that if there is to be a hostile takeover, Puri and/or some allies would have to buy more stock. (Probably later, after the price declines again, after the effect of Burton's $1 million spending spree wears off.) ---------- These Form 4s and Form 13s are new to me. I gotta write a Macro Scheduler program to scan the whole SEC Cenveo file and spreadsheet all of the Form 4s and Form 13s, going back to Day 1. From such a spreadsheet, linked to historical stock prices, and to the BLS inflation index, we could figure out exactly how much everybody (Allianz, Burton, Puri, Rotation, et al.) paid for their stock... and how much they have lost over the years in both nominal dollars and in inflation-adjusted purchasing power. It would be very, very informative ... and I'll look into it. BTW, strange things are happening; Rotation bought a lot more stock early this year in Feb, just a month before Puri did in March. http://www.mjtnet.com
When ever you see Cenveo's stock price, remember to divide by 8. That will give you the pre stock split to avoid delisting. $6.30/8 = $.79/share. How embarrassing for the best management team in the business. So long Robert!
Burton buh-bye! It doesn't matter how many Cenveo shares Burton and his wife and his sons own. Puri and the other >=5% shareholders now own 51.9139% and could give Burton boot just like Burton did to Reilly! Allianz/15% + Aristeia/14.4% + Puri/11.9839% + Brigade/5.6% + PMG/4.93% = Controlling Interest/51.9139% http://www.PrintingWikiLeaks.com/secdocs/CVO-20170609-4.htm#ownership_info
Note to Bob (the commenter, not Chairman Bob) ... Burton's $1 million stock purchases, May 10-12, have driven the market cap up over $50 million -- for now. If Chairman Bob does that every month, he can save Cenveo ... by owning it!
Nat has now crossed the million share count with 1,025,000 shares. It looks like almost every day he adds more to the count. Carb can you determine how many shares he needs to out vote Bob & the boy's?
When are they closing the mount pleasant pa plant ????
Great article below. Tells a story of how a man took care of two of his workers by giving them each $1,000,000.00. Bob did the same amazing thing. He gave a couple million to each of his kids and the yes stooges that sit on the board. Not to mention how he also gave the most generous raises to the number one leader of the best management team in the business, himself. Millions upon millions!
The Oregonian is reporting that Cenveo has informed Oregon labor officials, as part of the WARN act, that it intends to close its commercial printing facility located on NW Wilson Street in Portland, Ore., by March 31. The closure will result in the
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Remember that if Sr dies before any take over or change of control the company saves a lot of money. His change of control exit package is as sickening as his annual income. On of the Cenveo insiders was rumored to say that he doesn't even go into the of anymore. Is that true?