Zee C O N T R A R I A N
@ZeeContrarian1
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I Am. A former Wall Street professional with 15 years of experience trading the VIX and uncovering special situations.
Joined September 2013
$ZIM Buyout Math (I have never seen something like this) •Shares outstanding: 120M •Current share price: $13.6 •Buyout offer: $22/share •Total cost of buyout: 22 × 120M = $2.6B Cash & Assets •Cash per share: $24 •Total cash: 24 × 120M = $2.88B •Additional assets: –$5B
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$ZIM Buyout Math (I have never seen something like this) •Shares outstanding: 120M •Current share price: $13.6 •Buyout offer: $22/share •Total cost of buyout: 22 × 120M = $2.6B Cash & Assets •Cash per share: $24 •Total cash: 24 × 120M = $2.88B •Additional assets: –$5B
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I’ve been contemplating a poem I read for the past weeks, I think we can all relate: The Tragedy of Holding On Sisyphus loves the rock. Every edge, every ounce of its weight. He talks to it, sings to it. It is his companion, his Other. He even dreams of it as he climbs in his
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Example: ZIM ( $ZIM ) I believe we are seeing the same anchoring effect with $ZIM today. •The stock is trading around $13, reflecting weak sentiment, volatile freight rates, and skepticism about the company’s future-mainly due to management conflict of interest. •Now the
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Example: Eurogen ( $URGN ) A few months ago, I pointed out this dynamic in $URGN. •Before its Phase 3 trial results, the consensus was that $URGN would fail. A federal committee even recommended not to approve the drug, so the stock fell from $11 to $6. That $6 level reflected a
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$URGN, $ZIM Anchoring and How It Creates Mispricing in Markets One of the most persistent cognitive biases in investing is anchoring. Anchoring means that once a price is established in the market, participants tend to use it as their reference point for future decisions, even
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$ZIM NEWS JUST IN: BOARD OF DIRECTORS SEEKS ADDITIONAL BUYERS TO COUNTER ELI GLIKMAN–RAMI UNGER BID. CONCERNS RAISED OVER CEO CONFLICT OF INTEREST AS HE LEADS THE COMPANY WHILE PREPARING A TAKEOVER OFFER, WITH INCENTIVE TO KEEP SHARE PRICE DOWN. — CALCALIST “The board of
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I see people keep struggling to figure out $ZIM ’s true cash and liquidity position. If you just look online, you’ll miss the bonds and other liquid assets they hold. When you include those, the company is sitting on about $24 per share in cash.
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I’ve been asked a couple of times why Renaissance which is a quant fund recently decided to build up a 5% stake in $ZIM at ~$17 per share. I believe that this position is almost certainly held in their institutional funds, not the Medallion Fund. Given the size and illiquidity,
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Key takeaways on $ZIM after discussions with hedge fund holders: •The stock currently trades at around $13.20, while the company is holding approximately $24 per share in cash. There is no logical justification for sitting on such an unusually large cash balance, unless
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Short $VIX positions continue to deliver as volatility collapses. While many were busy calling tops, the real edge comes from trading probabilities, not predictions: short $VXX / $UVXY / $UVIX, long $SVIX.
“Shorting $VIX (via $VXX or $UVXY) here? Are you crazy?” If that’s the first thing that crossed your mind, congratulations, you’re clueless. While it’s true the $VIX index is low at 14.5 and if you could buy it at that price you should have, but you can’t because that’s the
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Why I bought more $MDWD today Do I know why it dropped from 22 → 16? Yes — a buyout rumor fizzled, so short-term players are selling at any price. Do I think they’re doing something wrong? For long-term investors, this looks like a gift. Insiders buying? Yes, the CEO,
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I recommend using Google Translate to read this $ZIM buyout rumor article. The reporter clearly knows what he’s talking about essentially naming every entity involved in the potential buyout. This is not a hunch, this is insider information: https://t.co/muNqWuVKxf
calcalist.co.il
הקבוצה נמצאת בתהליך של הגשת הצעה לרכישת השליטה מול יו"ר הדירקטוריון יאיר סרוסי; אונגר, יבואן מכוניות קיה, מחזיק בכ־65 אוניות תחת חברת ריי שיפינג הבינלאומית שבבעלותו
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Key takeaways on $ZIM after discussions with hedge fund holders: •The stock currently trades at around $13.20, while the company is holding approximately $24 per share in cash. There is no logical justification for sitting on such an unusually large cash balance, unless
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$RNA down 22% today. Hope you listened to my warnings.
If you’re not dumping at least half on this $RNA rumor, you’re clinically unfit to trade.
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