Stockpickr's Activist Track Stocks
Next on the list is Feldman Mall Properties (FMP).
Investor James Sight plans to present a slate of nominees for the board of directors at the real estate investment trust. Sight said that the performance of Feldman Mall Properties is "well-documented, and the current board does not appear capable of doing anything to enhance shareholder value."
Sight said he has attempted to work out a compromise to put experienced shareholders on the board and also has asked for a shareholder list, which he said was denied based on a "self-serving technicality."
Feldman recently said that a review of the micro-cap company's strategic alternatives didn't lead to a completion of any strategic transactions. The company said that it remains committed to exploring its options. We'll keep an eye on this situation.Another activist situation involves Fisher Communications (FSCI), which received a letter from Gamco Investors pushing management to use cash flow to repurchase shares. Fisher Communications has a stated book value of $26.7 a share and a trailing price-to-earnings ratio of 9. For more activist ideas, including Countrywide (CFC) and AMR (AMR), check out the Latest Activist Situations, a portfolio we update daily with significant shareholder activist moves. You can also check out the latest activist filings from Barron's, a list we update each Saturday.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV