Independent Research, Turtles all the way down

Turtles all the way down

Independent Research

Writing short articles about mis-priced boring stocks around the world.

Equity Bottom-Up

Hollysys Automation Technologies / Equity Bottom-Up

<ul><li>News came out today that Hollysys (HOLI) is being acquired by Ascendant for $26.5/share . So I sold my shares for $24.74 today.</li><li>And closing this at $24.88. Only a 7% spread, and there could be some delays before this closes.</li><li>Was a nice trade and a 43% gain since dedicating a full write-up to it in July this year.</li></ul>

News came out today that Hollysys (HOLI) is being acquired by Ascendant for $26.5/share . So I sold my shares for $24.74 today.And closing this at $24.88. Only a 7% spread, and there could be some delays before this closes.Was a nice trade and a 43% gain since dedicating a full write-up to it in July this year.

United States

Hollysys Automation Technologies Ltd. manufactures automation and control systems.  The Company produces process, industrial, rail and subway, and nuclear power plant automation equipment.

Hollysys Automation Technologies (HOLI US)

Hollysys Automation Technologies (HOLI US)

Closing HOLI, PBR-A and 1669

News came out today that Hollysys (HOLI) is being acquired by Ascendant for $26.5/share . So I sold my shares for $24.74 today. And closing this at...

Turtles all the way down