I have liquidated SEB from my portfolio at $1365 a share, which is a 6% gain from my entry price. In the end, I felt that this company has too many cash flow streams which is beyond my circle of competence to analyze, and the fact that management is so uncommunicative is starting to worry me. I felt that, in the current climate, there are plenty of well-run, easy-to-understand companies trading at attractive prices which interest me, and so have decided to liquidate for a small gain.
More on this topic
(What's this?)
Does Oily Tide of Doom Looms for U.S. Eastern Seaboard?
(Red Hot Energy and Gold - Global..., 5/3/10)
Picture of Liquidation
(Phil’s Stock World - Members S..., 10/10/08)
Turnberry Capital to liquidate its fund
(Hedge Fund Blogs From HedgeCo.Net, 8/20/08)
