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No. of Recommendations: 7
HOGS, who also has a go-private offer had a nice pop today with the announcement that the BOD accepted the CEO’s offer. The offer was announced on 3/27 and was brought up here on this board at that time:

8 months later and the offer being accepted caused a 16% spike today.

This one may have dragged out a little and I had less confidence that this would go through because the SEC filed insider trading charges shortly after the offer was announced:

The offer originally caused a spike on 3/27 of 22% to 11.22, but the SEC charges helped bring the price back to around 9.5. I was tempted to buy it but I felt the SEC charges created some uncertainty. The deal is not yet final as shareholders need to vote, which explains the remaining 7.5% gap to the $13.50 offer price. However, given the BOD’s approval, I am pretty sure this deal will go through at 13.50 in the next 2-3 months. I expect a similar story to play out here with YONG.

Separately, congrats to those of us who picked up shares or call options of YONG around 11/16. The price now is pretty close to being back in the 5.4 – 5.6 range.
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No. of Recommendations: 2
I own HOGS for a couple of years... I am very ungry with the deal at 13.50. Book value is 14.50 and the company has strong grows in front.
The same story of YONG
too much risk, small profit...
YONG, HOGS, WWIN... The same story...
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