Nyer Medical Group Inc (NASDAQ:NYER) is to liquidate subject to the approval of its shareholders and the closing of two transactions. The board estimates that shareholders will receive a liquidating distribution of between $1.84 to $2.00 per share. At its $1.75 close yesterday, the low end of the range represents a 5% return and the [...]
Archive for November, 2009
Nyer Medical Group Inc (NASDAQ:NYER)
Posted in Liquidation Value, Nyer Medical Group Inc (NASDAQ:NYER), Stocks, tagged Liquidation, Nyer Medical Group Inc (NASDAQ:NYER) on November 3, 2009 | 5 Comments »
John Paulson and The Greatest Trade Ever
Posted in About, Austrian Economics, tagged Austrian School of Economics, John Paulson on November 2, 2009 | 6 Comments »
The WSJ has an article Profiting from the crash excerpting parts of the Gregory Zuckerman book The Greatest Trade Ever about John Paulson’s infamous bet against the housing market: By early 2006 the 49-year-old Mr. Paulson had reached his twilight years in accelerated Wall Street-career time. He had been eclipsed by a group of investors [...]
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