07/05/2013

Locking in a Gain on Heidrick & Struggles

Locking in a Gain on Heidrick & Struggles

Market Shadows sold our Heidrick & Struggles (HSII) today at $17.37. The 250 HSII shares were one of our original positions when we started the Virtual Value Portfolio on October 26, 2012.

We booked a 44.5% profit (46.7% if you include the two quarterly dividends) over approximately 8.5 months.

HSII Jul. 5, 2013 

The company is involved in take-over talks and we may be leaving some money on the table. We sold this morning in order to avoid the risk of a non-deal. We also will welcome having the cash to reinvest.

See full details on all our open and closed, market beating (so far) selections here. 

Jul 5, 2013 12:00:00 AM | Newsletter Articles, Value Investing

The comments to this entry are closed.

NEXT POST
Fables and Fairy Tales Fables and Fairy Tales Here is the latest Market Shadows Newsletter, 7-3-13: Fables and Fairy Tales. In this issue, we review recent put-selling trades by Paul Price, discuss the value of patience and planning, explore interest rates and inflation, and take a look at the markets with Lee Adler. Excerpt: Leaving success to luck is for gamblers. Chances are good that we’re not likely to win the state lottery, strike it rich in Vegas, or be remembered as day-trading prodigies. Serious investing requires following a rational plan, managing risk wisely, and never letting greed or impatience change the course. When...
PREVIOUS POST
When is ' early ' just plain ' wrong ' ? When does being 'early' make you 'wrong'? Courtesy of Paul Price Originally published at Guru Focus. Does being 2.5 years early mean being wrong? The latest issue of Forbes magazine chose to feature a duo of money managers that have failed miserably since they took their Ranger Equity Bear ETF (HDGE) public in January of 2011. The ticker symbol is cute. The article is titled… [ Enlarge Image ] A version of this story first ran on forbes.com on June 26, 2013. The bearish suggestion came after a five-week pullback had turned most media outlets negative. Highlighting a 100% bearish...

Ilene

I'm editor at Phil's Stock World, and editor for Stock World Weekly. My background is in the biological sciences, and law. After a brief career in the legal field, I changed directions and am now working as an editor, and very much enjoying my experiences in the editing world.

ThemeResearch
Jarsch
Michael Panzner
bloomingcactus
Sam

Search

Become a Fan

My Other Accounts

Recent Comments