Monthly Archives: May 2013



Chambers Street Properties (CSG) – Odd Lot Tender – $135 Gain

Current Price – $9.23

Offer Price – $10.1-$10.6

Potential Gain – 14.8% or $135 for Odd Lots

Expiration date – June 19, 2013

Odd Lot holders (less than 100 shares) are not subject to pro-ration

Summary:

Chambers Street Properties, a Maryland real estate investment trust (a “REIT”) (the “Company,” “Chambers Street,” “we” or “us”), is offering to purchase for cash up to $125,000,000 in value of its Common Shares of Beneficial Interest, par value $0.01 per share (the “Common Shares”),

 

FBR & Co (FBRC) – Odd Lot Tender – potential $0

Current Price – $23.76

Offer Price - $22.5 – $23.5

Potential Gain - zero currently.

Expiration date – June 18, 2013

Odd Lot holders (less than 100 shares) are not subject to proration

Summary:

FBR & Co., a Virginia corporation, invites its stockholders to tender up to 1,250,000 shares of its common stock, $0.001 par value per share (the “shares”), for purchase by the Company at a price not less than $22.50 and not more than $23.50 per share. We will select the lowest



Emtec (ETEC) – Reverse Stock Split – $800 Gain

Current Price – $1.01

Offer Price – $1.05

Upside – 4% or $800 for holders of 19999 shares

Expiration date – not announced yet

SEC Filling

Trading Strategy:

Buy 19999 shares of ETEC and wait for reverse-split to take place, at which point the shares will be cashed out.

Summary:

On April 30, 2013, a Special Committee of the Board (the “Special Committee”) recommended and the Board approved a reverse stock split (the “Reverse Stock Split”) of the Company’s authorized, issued and outstanding common