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How to Buy a Spinoff Stock
A lot of times the case with spinoffs is institutional managers are essentially forced to sell the spinoff company. So there's massive selling pressure on this stock and waiting for a while before you pick up the spinoff makes a lot of spins. Rich Howe, that run who runs a service called stock spinoff investing. He has a formula that he looks at where I believe it's like 50% or 75% of volume has traded and then he buys it.