Monday, January 13, 2014

Sold Hilton Worldwide

I sold my tiny position in Hilton Worldwide Holdings, Inc. (Ticker: HLT) today at $21.76 generating a net gain of 8.8%. I received these shares though the IPO in December for $20 per share. This was just a small holding so it was either I sell the shares after 30 days or decide to start building up a larger position. I decided to sell my shares. I’m generally cautious about the private equity offerings as they generally cash out at the peak.


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