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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (53068)12/28/2013 8:34:10 PM
From: Spekulatius1 Recommendation

Recommended By
Jurgis Bekepuris

   of 78660
 
RHDGF is a holding company of Singer affiliates that trades to a large discount to the sum of parts. It is basically in the process of a slow liquidation, that is taking a lot of time. OTCadventures and other blogs have written up this stock.
otcadventures.com

The typical trading volume is ~1000 shares daily. This Friday, more than a million shares traded. I do not know who sold it's position and why, but it seem strange to sell out a position on the last (and typically very light) trading day if the year. I would have liked to take advantage of this situation and buying some cheap shares, but was a tar too late. I did get some shares at 17.18$ (even though my GTC limit was at 18.0X$), which speaks for the good execution with Interactive Brokers, but nothing like I would have acquired, if I had been able to do, when I was aware of that sale, while it was happening.
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