Thursday, April 14, 2016
After more than 4 years I'm out of the Yellow Pages (FKA Yellow Media). I had originally bought the preferred shares pre-bankruptcy protection and restructuring. On the actual conversion shares alone I lost about 6%. (I bought some more along the way that more than offset the losses, but didn't buy any right after the restructuring--lacked the conviction and the cash). Doh.
I was going through some old posts and came across my buy for Lululemon back in September 2014. The update is that I chickened out and sold within a couple of months (made just over 2%) and missed out on gains of about 60% over the last year and half. Doh.