Independent Research, Turtles all the way down

Turtles all the way down

Writing short articles about mis-priced boring stocks around the world.

Independent Research

Equity Bottom-Up

MagnaChip Semiconductor Corp / Equity Bottom-Up

<ul><li>Magnachip is an interesting merger arb situation with only modest downside. A Chinese firm has previously tried to acquire this for $29.</li><li>But that was shot down by US regulators. Currently stock trades just over $15.</li><li>I have been in and out of this stock twice already, and I think a lot of people are just fed up waiting for the company to sell itself so far.</li></ul>

Magnachip is an interesting merger arb situation with only modest downside. A Chinese firm has previously tried to acquire this for $29.But that was shot down by US regulators. Currently stock trades just over $15.I have been in and out of this stock twice already, and I think a lot of people are just fed up waiting for the company to sell itself so far.

MagnaChip Semiconductor Corp

Magnachip Merger Arb