The Strangest Special Dividend I've Ever Seen
I love to follow special situations in my Special Situations portfolio (hence the name). Special situations are often caused by transactions that create value where it didn't exist before.
But the keys here are to be able to figure out how the transaction creates value and what the stock could be worth. Often the value created by such transactions is incalculable. And that's what we have with the recently announced special dividend from Sino Clean Energy (Nasdaq: SCEI) , a producer of coal-water slurry fuel in China.... Read more