Selling 90% and Keeping 10%
I am tendering 90% of my stock to the offer and keeping 10% as a just in case strategy.
I have a strange gut feeling I could be wrong selling. My guess is that, HDG will have very few shares outstanding after the buyback and we may see the stock run. But maybe, that it is just wishful thinking.
I am a pure value investor, so I will be tendering to the offer.
As a fundamental value stock picker, I find it easy to pick stocks that can go up well over 100%, so it is hard for me to stay with HDG.
I will take my late Christmas Gift from HDG !