10-22-2017, 03:28 AM
Darn, we considered buying a second lot of Sketchers (SKX), because the shares were so cheap (as we argued here), but it was only a few days before earnings so we waited that out. Our bad, look what happened next:
Yes, you're seeing that right, that's a 41.45% rally in a single day..
It took our SHU portfolio above 10% return in just three weeks since the launch:
Mind you, the portfolio has three smallcaps (INSG, DSNY, XXII) which are likely to be very volatile but they haven't moved yet.