Friday, March 11, 2011

A Little Move in Big Lots

I’m still in Big Lots (Ticker: BIG) and have a strong conviction on this one. Big Lots moved up nicely this morning because of a DealReporter story. It said that “the company has received interest from a number of prospective buyers.” I like this special situations play as the probability of a deal is high.

I did sell a few shares of Genzyme (Ticker: GENZ) at $75.36 a few weeks back, but I am holding onto the rest until the deal closes. That’s about it for me right now. Nothing exciting… You don’t have to be invested at all times to do well. As in poker, you play your hands when the odds are in your favor.


Post a Comment

<< Home