“Trade”.
That’s a word that you don’t commonly see on SG TTI. Since when am I in the business of trading?! But 2017 has started well for me. Mr Market is unusually generous.
This is a company that I’m very familiar with, and I’ve previously wrote several posts about HLS, from accumulation, my thoughts, till my divestment and even post divestment.
I’ve previously said I’ll continue monitoring the company and my view of HLS is still immensely favorable in the long run.
Well, in early Jan, literally on the 1st trading day of the year, I took up a moderate position in HLS, buying 4 blocks of 50,000 on 4 separate (almost consecutive days) at $0.38, $0,375, $0.385 and $0.38 respectively, for a total of 200,000 shares at an average of approximately $0.384.
Barely a week+ later, I sold out 100,000 yesterday at $0.425, and ......