LCAPA - Buy it tomorrow.
Trading at $13 billion; assets are worth $19 billion. Basically, Malone has forced murdoch to do an asset swap that will allow the firm to avoid the $6billion in taxes that are dragging the shares down. It is expected to be done by week end. I suggest this name strongly. Limited downside to $86 and upside to $130. Trading at $93 right now.
Good luck.
ben
Good luck.
ben

0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home