Wednesday, December 21

Overnight we will continue analyzing a mid-term opportunity we expect to net between 2 and 3 points per share. It will pay a dividend tomorrow, which will decrease the market value of the asset making tomorrow a good time to buy. We will post more complete details tomorrow, after we’ve finished analyzing the stock.

Today we posted a loss due to a single asset – TIK. There have been technical indications of a turnaround for some time, but the final drop was very dramatic. This company is still in the aerospace industry with active Air Force contracts, so we can expect it to appreciate in value under the next administration. It caused a net decrease in portfolio value for the day, but it is a long term asset so we are not concerned about this development.

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