Shares & Derivatives
Portfolio Update – Time to Cut Losses (T4B)
By Creed's Cash Flow  •  October 9, 2016
I've been holding onto this stuff for way too long. I could've sold everything off when prices hit upwards of 0.70, but I didn't. Could've, would've, should've - it's all water under the bridge. I took a gamble on the Garden Fresh IPO from Sino Grandness (T4B), and it's about time I liquidated my holdings. I would most definitely make a loss, but I am thankful that my other trades (thank you, Silverlake Axis) somewhat made up for it
Time to get out? I'm done with speculating on this stock for now.
For the uninitiated, allow me to give you the cliffnotes: Sino Grandness, a Chinese beverage and canned foods producer, had been wanting to spin-off its subsidiary, Garden Fresh, for quite a while. They eventually submitted an application to have Garden Fresh listed on the Hong Kong Stock Exchange (HKSE) on 1st April 2016. The ......
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By Creed's Cash Flow
First off - thank you very much for stopping by! I really appreciate it. I hope to see this little blog of mine grow. I started this blog in February 2016, and if I could inspire just one person to move towards financial independence, then it would all be worth it. I've wanted to start a finance/investment blog for years, but I just never got around to it. I finally decided to get off my ass and make one. A little background about me - I majored in Business Admin in university, along with a Minor in Finance. I joined the workforce when I was 24 (in 2015), and I was fortunate enough to get a full-time job in the banking industry (Forex, to be exact) after doing a couple of temp jobs around the island.
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