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GAMCO Investors Inc V.GBL


Primary Symbol: GAMI

GAMCO Investors, Inc. is a provider of investment advisory services to open and closed-end funds semi-transparent exchange-traded funds (ETFs), and institutional and private wealth management. The Company manages assets on a fully discretionary basis and invests in a variety of United States and international securities through various investment styles, including value, growth, non-market correlated, and convertible securities. The Company conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, five actively managed semi-transparent ETFs, and a societe d'investissement a capital variable (SICAV)) and GAMCO Asset Management Inc. (approximately 1,400 institutional and private wealth separate accounts, principally in the United States). It serves various client bases, including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.


OTCQX:GAMI - Post by User

Comment by trying2makeabucon Apr 08, 2016 8:06pm
63 Views
Post# 24747244

RE:Big news today

RE:Big news today
Do you not see cause for alarm here! Management has just admitted to being in "SERIOUS FINANCIAL DIFFICULTY" you say this deal is "not a distraction" and they won't hand it over for pennies. Lol They just handed Zaff/Bmac "controlling interest" at $0.055 per share. The company stated this deal is "REASONABLE IN THE COMPANIES CIRCUMSTANCES" ie DESPERATE with no better choice than hand over their company to Zaff. At this point current shareholders as I see it are at the mercy of Zaff who have just got what they wanted for $0.055. What if anything they are willing to give back is yet to be seen. Just my 2 cents (which is also a bid I MIGHT put an order in at)
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