Q: Couple of questions on LSPD
1) What portfolio was it in and when was it removed?
2) With the recent announcement of a weakening outlet today on Bloomberg, at this point is it too late to unload, or would you take your losses and run for the hills?
3) If yes, where would you put the funds?
Thanks
Sheldon
1) What portfolio was it in and when was it removed?
2) With the recent announcement of a weakening outlet today on Bloomberg, at this point is it too late to unload, or would you take your losses and run for the hills?
3) If yes, where would you put the funds?
Thanks
Sheldon
5i Research Answer:
LSPD was removed from the Growth Model on Nov. 21, 2022. We would be fine selling this today after repeated weak announcements and a failure to sell the company. We would suggest DSG as an alternative.