lone

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mkarpoff
Posts: 809
Joined: Fri May 30, 2014 4:27 pm

lone

Post by mkarpoff »

No doubt you saw the 13D filing by Lone that one outfit, CEC Group now owns 38% of the outstanding stock. I think that one entity holding that much stock is unhealthy for other stockholders, and increases the volatility. Your take?
dan_s
Posts: 34469
Joined: Fri Apr 23, 2010 8:22 am

Re: lone

Post by dan_s »

It doesn't bother me at all. None of us get to pick our fellow shareholders in a publicly traded company.
Dan Steffens
Energy Prospectus Group
ChuckGeb
Posts: 945
Joined: Thu Nov 21, 2013 2:46 pm

Re: lone

Post by ChuckGeb »

Great when things are going great. One just needs to look at the treatment of Gastar shareholders as a cautionary warning of a concentrated position. When the going gets tough the minority shareholders should assume the forward fold position.
mkarpoff
Posts: 809
Joined: Fri May 30, 2014 4:27 pm

Re: lone

Post by mkarpoff »

...or a lowball buyout offer. I have seen that more than once.
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