New visitor? Consider subscribing by RSS or by email.Not every microcap chart is a complete disaster — just most. Medical equipment company Fonar (Nasdaq:FONR), for example, just had a big bounce. Sure, it was over $5 at the beginning of the year, and over $20 a few [...]
Only a few weeks ago, Zi Corp. (Nasdaq:ZICA) announced that a nameless “strategic partner” would make an investment at substantially above-market prices to thwart the takeover offer from Nuance Communications.
Suddenly, those plans are off the table. Zi Corp. now says that it will go it alone because recent licensing deals with Nokia, Sony-Ericsson and others [...]
In a normal environment, I would play the Zi Corp. (Nasdaq:ZICA) arbitrage trade out until the end. Gun-to-head, I still believe that Nuance Communications (Nasdaq:NUAN) will boost its offer and close the deal.
That said, we are nowhere near a normal environment. This turbulent market is no place for arbitrageurs. Too many things can and do [...]
Just when it looked like the arbitrage play between Zi Corp. (Nasdaq:ZICA) and Nuance Communications (Nasdaq:NUAN) was turning into a dud, Zi Corp. announced what seems to be a major potential strategic investment. The company claims the investor is a “leading global consumer products corporation” and that the deal would be valued higher than [...]