Thursday, September 23, 2010

Sold DLIA

Sold DLIA for 2.10. Not bad for a 30% annualized return. The reason why I sold DLIA is it could become a value trap. It continues to bleed and the only end game for this is some one else to buy. The more I read about retail industry, the more it is clearer that it is very tough to invest in this with chaning fashions.

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