Jan Svenda On Svenda's Manual Of Stocks And Where You Can Still Find A 19.8% Dividend
Published Oct 23, 2020 on Seeking Alpha

Seeking AlphaJan Svenda On Svenda's Manual Of Stocks And Where You Can Still Find A 19.8% DividendOct. 23, 2020 1:59 PM ET|| Includes: LINS, LINSA, MMTRS, MS, MS.PA, MS.PE, MS.PF, MS.PI, MS.PK, MS.PL, RSRV, SGTPY, SGTZYby: Bram de HaasBram de Haas Special Situation ReportProfessional risk-taker focused on smart bets and risk control. SummaryJan Svenda talks about his newly-launched manual for OTC stocks.
He explains what the OTC market looks like and why it exists.
He also describes a number of interesting companies that trade OTC.
One of them sports an expected forward yield of 19.8%.
I interviewed Jan Svenda, formerly Morgan Stanley, focused on short selling but who also put together an interesting resource with his Svenda Manual. This is essentially the modern-day equivalent to Walker’s Manual. In this publication, he has collected hard-to-get data on so-called over-the-counter stocks. Jan also writes a periodical for Seeking Alpha about short selling, hosts a podcast about short selling and is a contributor to Breakout Point. He’s very knowledgeable about interesting situations on the short side and we could have talked an entire episode just about that. However, he recently launched an OTC database and I’m very interested to learn more about that, and we go over several micro-cap opportunities as well.
We talk about the Generals Mills Music Trust (OTCPK: MMTRS) which paid about a 5% dividend so far this year. A royalty on a song encyclopedia.
Jan touches on PharmChem which recently ran from $0.50 to $4 and is still quite interesting. According to Jan it's a sizeable position for Dave Waters, a highly accomplished OTC investor who was on the special situations cast a few months ago. Absolutely go and watch that as well.
We get an update on Life Insurance Company of Alabama (OTCPK: LINSA) which is a sleepy insurance company with an activist working to unlock value. Insiders recently paid $31 for a block of shares which trade at $17.... Read more