Player Avatar Option1307 (30.12) Submitted: 3/5/2013 2:49:29 PM : Outperform Start Price: $24.73 VOD Score: +29.79

Deej has a nice write up on the subject here:

Basically the thought is that VOD owns a large stake in Verizon wireless and the market is not recognizing this. Add into the mix that Verizon currently pays VOD a nice dividend annually for their Verizon wireless stake and that this is a David einhorn pick and the odds are in your favor!

Picked up some shares at 26 and will hold until this thesis plays out or things drastically change. You get a pretty nice dividend to sit and wait as well so no reason to hurry and sell this one.

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Member Avatar Option1307 (30.12) Submitted: 2/3/2014 6:56:55 PM
Recs: 0

This has played out basically as played. Likely will sell before the sale to Verizon is complete in mid February. I have no idea what the resultant company and this share price will look afterwards.

Member Avatar Option1307 (30.12) Submitted: 2/18/2014 2:25:58 PM
Recs: 0

Sold out of my real life position today at 37 and change. This played out beautifully and as I said previously I'm selling before the ex-date February 21. I have not the faintest idea what VOD will look like after the sale of Verizon and don't want to push my luck. There seems to be a big misconception that waiting for the payout is a sure bet. Far from it IMO. There has already been a huge run up and I bet most of the payout is already priced in. Either way I'm taking my nearly 50% gain and running away happy.

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