12-04-2019, 12:43 PM
Quote:We have all seen how the Motor Launches fare when they are sold. Historically that results in booked gains.
I think part of the reason was Penguin can afford to wait for the right offer. In your liquidation scenario, this will not be the case. Don't get me wrong, I think Penguin is a wonderful stock, just that it is not "dirt cheap" at the current price, in my opinion.