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EDCI Holdings, Inc. Message Board

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  • bskptkl bskptkl Dec 1, 2011 2:09 PM Flag

    Sold Entertainment Distribution Company GmbH

    Sep 30 Financials show EDC carried at 9.9 million of the 21 million net assets in liquidation. So adjusting to 26 million/5.5 million shares gives a NAV of $4.73. Based on this I sold today at $4.74.

    This has been a great trade returning over $11 on a sub $5 investment in a little over 2 years. I just wish I did it bigger.

    Kudos to management for running such a good game plan.

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