M&A is increasing but valuation is falling. Hardly surprising considering that the market is tanking bringing down all valuations. This applies for real companies but even more so for investor scams (scam might be an understatement, see previous article- ) like ‘Groupon’.
Disclosure: No position in Groupon.
H/T to Street of Walls for the find.
Voss Capital is betting on a housing market boom
The Voss Value Fund was up 4.09% net for the second quarter, while the Voss Value Offshore Fund was up 3.93%. The Russell 2000 returned 25.42%, the Russell 2000 Value returned 18.24%, and the S&P 500 gained 20.54%. In July, the funds did much better with a return of 15.25% for the Voss Value Fund Read More