Tuesday, May 30, 2017

Sold my shares in Amaya Gaming (AYA) and Pakistan ETF (PAK)

I sold my Amaya Gaming stock as I felt it was fully valued. The stock going forward will be driven by whether or not other states approve online poker and casino gambling.

Bought 3/24/16 @ $11.71
Sold  5/30/17 @ $18.05
Return +54%

Sold Pakistan ETF due to inclusion in MSCI Emerging Markets Index. I look at this as a sell on the news event and full valuation of the Pakistan stock market.

Bought 3/25/16 @ $12.97
Sold 5/30/17 @ $18.28
Return +41%

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