http://marketfolly.disqus.com/Updates on what top hedge funds have been buying and selling. SEC Filings, hedge fund letters, investment conferences and more.enWed, 15 Jul 2009 00:28:58 -0000http://www.marketfolly.com/2009/07/harbinger-capital-partners-gains-stake.html#comment-12676038<p>Do you think Falcone wil use this cash now as if it were sitting in his fund's account, and go out and buy equities and distressed debt? While that's not a terrible situation, I think I would prefer a liquidation for a quick 10% gain, as I got in at $7.1 recently...</p>gbWed, 15 Jul 2009 00:28:58 -0000http://www.marketfolly.com/2009/07/harbinger-capital-partners-gains-stake.html#comment-12644595<p>Interesting pickup for Falcone. ZAP is selling for less than cash value. It looks like Falcone is now fully in control. Thus, a bet on ZAP is a bet on Falcone's investment abilities (with a $13 - $15 million cash cushion). I wonder why the Glazer family didn't just liquidate/disolve the corporation. Maybe they wanted Falcone to buy their cash, but keep a few of them on the payroll. </p>JeremyTue, 14 Jul 2009 14:17:44 -0000