Fat Pitch Financials Contributor’s Corner Free For A Day

August 12, 2006 By Jonathan Ping 6 Comments
My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

In honor of its 2-year anniversary, Fat Pitch Financials is having a Open House for its pay section, Contributor’s Corner. This means if you hurry, you can get access to it for free (usually $10/month) all today 8/12.

What does it offer? Primarily a constantly updated list of “Going-Private” transactions, in which companies want to stop being publicly-traded and must therefore get rid of some shares. As a result, there is often a potential for profit. George has actually been giving me a free trial in return for a review for a while now, but I must admit I have not been putting it to full use. However, I recently did place one trade that may still have some potential upside. I’ll share it after I get permission, but until then go get access yourself!

Filed Under: Deals & Offers
Last updated: August 12, 2006
My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.

User Generated Content Disclosure: Comments and/or responses are not provided or commissioned by any advertiser. Comments and/or responses have not been reviewed, approved or otherwise endorsed by any advertiser. It is not any advertiser's responsibility to ensure all posts and/or questions are answered.

Comments

  1. Joe says
    August 12, 2006 at 9:32 am

    Hi, I took a look at the site. Interesting concept. Unfortunately it looks like the gains as indicated by the current holdings of the Special Situation Real Money portfolio got wiped out by the Parlux disaster on 8/10 see

    link
    08/01/06

    It goes to show that “taking private” is not a sure bet and neither are buyouts/mergers etc. I got wacked myself on IMAX a couple of days ago.

    CURRENT HOLDINGS
    —————————–

    Cash
    $1.00
    $876.87

    08/01/06
    99
    SALOMON BROTHERS INFLATION
    $16.00
    $1,584.00

    08/01/06
    400
    PARLUX FRAGRANCES
    $8.98
    $3,592.00

    08/01/06
    200
    CENTRAL FEDERAL CORP
    $8.00
    $1,600.00

    $7,652.87

    Performance
    Since inception on October 19, 2004, the rate of return for the Special Situations Real Money Portfolio has been 21.0% APY. Year to date, the rate of return has been 35.5%.

    (Gains probably gone because of Parlux?)

    Reply
  2. Jonathan says
    August 12, 2006 at 12:40 pm

    Yes, there are definitely risks with these transactions. I’m still sorting through them myself.

    You want to choose something with a good potential return that is also likely to go through without opposition. How one does that exactly I’m not sure yet.

    Reply
  3. Jaro says
    August 13, 2006 at 8:14 am

    Hi Jonathan! Thanks for posting this! I won the contest! 🙂 I got one free month!

    Reply
  4. George says
    August 14, 2006 at 5:39 am

    My Parlux purchase was probably a mistake. I should have Googled the CEO name before I bought it. I also should have waited until the official SEC filing for the going private transactions. Both steps are part of my normal process but I guess lack of sleep from my newborn and greed got the best of me. I think most of the member of Contributor’s Corner new better and avoided Parlux.

    Surprisingly, I’m still up a few hundred dollars in the account. I’ll update my account performance soon so you can see how its doing.

    Reply
  5. Joe says
    August 15, 2006 at 7:43 pm

    Thanks George for the update
    What’s your strategy when it drops like that. Do you recommend holding and hope it goes up or do you cut your losses.

    Reply
  6. Jonathan says
    August 15, 2006 at 7:49 pm

    Congrats Jaro! Good to hear 🙂

    Reply

Speak Your Mind

*