Grab update
I still hold one call on Grab, but have sold the rest around this profit level. I also still hold shares but haven’t increased the position.
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It’s a beautiful day!
Former scientist, enthusiastic reader and student of capital markets. The home pictured is gone.
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Dragon Fish : You intend to hold for how long?
BelleWeather OP Dragon Fish : This last call I will sell this week. I wanted to let it ride a bit as I expected an overall market uptick. The shares…well, I’m torn. I’m not thoroughly convinced that Grab is the best use of capital, but it does have aspects that make it appealing as a longterm hold. I will likely reduce the position on an uptick for the stock and invest in another company. In short, I am not sure! Do you have a position and if so, what are your thoughts?