Jack A. Bass Managed Accounts are enjoying the shipping sector recovery – shorts are paying the price of our success.
DIANA SHIPPING INC(DSX:NYSE, US)
As of 19 Sep 2013 at 10:08 AM EDT.
||P/E Ratio (TTM)
||12.47 / 8
||12.48 / 3
||20 Nov 2013
|52 Week High
||# of Floating Shares
|52 Week Low
||Short Interest as % of Float
BALTIC DRY INDEX New YTD 52 Week High
Posted by jackbassteam on September 19, 2013
Friday night cocktails at the Carl Icahn Lab (Photo credit: throgers)
HLF : NYSE : US$38.77
Herbalife was in the news yet again Friday after Carl Icahn said in a regulatory filing that he had increased his stake in the company to 14 million shares, or roughly 13% of the company’s outstanding shares.
After weeks of speculation over exactly what the famed corporate raider might be doing, Icahn spoke up and put himself on a collision course with William Ackman, a rival activist investor who called Herbalife a house of cards and said he sees the share price going to zero.
The two men famously tussled on cable television in late January when Icahn called Ackman a “major loser” and warned him of trouble ahead in the form of a major short squeeze. Icahn said he wants to meet with Herbalife’s management “regarding the business and strategic alternatives to enhance shareholder value, such as a recapitalization or a going-private transaction.”
The company said, “We welcome all parties who see the same value in Herbalife that we do.”
Posted by jackbassteam on February 19, 2013