Wednesday, December 23, 2009

Steak n Shake Update

Last September, we posted a Guest Blogger's take on Steak n Shake. The story has gotten even more interesting since then, and you can read my recent column that appeared on RealMoney and Yahoo Finance.

Since my piece ran earlier this week, the company announced its intention to acquire a small insurance company Fremont Michigan InsuraCorp Inc (FFMH.OB), which was rejected this morning by Fremont.

Stay tuned..

*The author has a positions in Steak n Shake. This is neither a recommendation to buy or sell any securities. All information provided believed to be reliable and presented for information purposes only.


Bart said...

Hi Jonathan,

could you possibly share the source of your performance figure (+17% annually at the end of 2008) for the Lion Fund? I'd be very interested in that.

many thanks,


Jon said...

Bart, the guest blogger who wrote the original post on SNS got that data directly from the Lion Fund website.