Friday, October 1, 2010
Turtle Portfolio Update
(Click on Image to see details)
Turtle accepted take over offer from AK on Tanjong for 21.80/share, cash is in-transit now. Proceed from Tanjong sales and current cash on hand are pushing my cash level to about $17,248 or close to 48%. I am still waiting for opportunity to deploy cash.
Remember Sell in May and Go away? May is one of the better time to off-load and traditionally, October is a scary month but also one of the best opportunity for bargain hunt. A general rule will remain as a general rule, still have to monitor the actual events.