Thursday, March 22, 2012

Some More Motorola Mobility

I added to my position in Motorola Mobility Holdings, Inc. (Ticker: MMI) today at $39.17. Right now, I’m factoring in ~ 30 days to close this deal. It looks like China is seeking some sort of remedy from this deal before giving its ok. It’s hard to see how China can block this deal from a purely competitive angle, but you never know when politics come into play. My average cost is $39.51, which will equate to an annualized return in the low to mid teens.

Edit:

Ok, I just sold those shares of Motorola Mobility Holdings, Inc. at $39.22 for a small profit. Just got a bit trigger happy!?

1 Comments:

At March 23, 2012, Anonymous Anonymous said...

MMI should close Q2 (i'm assuming May) - seems like good value at current levels

 

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