Turk Tuborg & GMA Holding Position Size 11/6/2017
Turk Tuborg’s position decreased 5.1% on May 12, 2017 when there was the first sales with a goal of reaching 2.0%. The share price has increased and the stock is illiquid. The current position is 3.2%. There will be no further selling.
There is a similar liquidity issue with GMA Holding. There will be no more buying and the GMA Holding position. It is a 6.4% position.
Both are high quality companies that can be held for five years regardless of stock market liquidity.
The latest recommendation size of 6.0% was completed over 7 days.
Future recommendations will be in more liquid stocks. The lower limit for 6 month average daily volume will be USD100,000 in the most attractive of situations but more likely it will be above USD250,000 average daily volume.