Tuesday, May 13, 2014

Regrets on Selling PCKH

Last march I did a momentum trade with PCKH amidst rumors that Max's Fried Chicken would do a back listing since it acquired PCKH. Unfortunately the management decided its not yet time to list Max's and decided to separate the two businesses. Which then turn my profit into losses but just recently the stock was at 20-21 level and it disclose a 100% stock divident, shoot back up to the 30's level. Talk about luck guess I should have hold on to it a little longer.

will attach chart later kinda busy =)

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