Of everything I've ever done, I think the threesome (podcast) I did on Bristol-Meyers CVR has gotten the most engagement / user interaction. And with good reason! At the time of that podcast, the CVR was trading for around $2/share. If successful, the CVR will payout at $9/share by March 2021, so you're talking about a 4.5x return in ~6 months if the CVR is successful (of course, the CVR is zero if it fails, so there is huge risk here and now might be a good time to remind everyone that nothing on this blog is investment advice!). Still, at the time of the pod I think both guests made a convincing argument that the odds of the CVR paying out was at least 50/50 (which would imply a fair value of at least $4.50, making the CVR quite undervalued).
BMY CVR: an inspection inflection? $BMYRT
BMY CVR: an inspection inflection? $BMYRT
BMY CVR: an inspection inflection? $BMYRT
Of everything I've ever done, I think the threesome (podcast) I did on Bristol-Meyers CVR has gotten the most engagement / user interaction. And with good reason! At the time of that podcast, the CVR was trading for around $2/share. If successful, the CVR will payout at $9/share by March 2021, so you're talking about a 4.5x return in ~6 months if the CVR is successful (of course, the CVR is zero if it fails, so there is huge risk here and now might be a good time to remind everyone that nothing on this blog is investment advice!). Still, at the time of the pod I think both guests made a convincing argument that the odds of the CVR paying out was at least 50/50 (which would imply a fair value of at least $4.50, making the CVR quite undervalued).