Coho Capital on Pershing Square Tontine (PSTH): Heads I Win, Tails I Don t Lose Much insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
Is Liberty Latin America (LILA) Stock a Buy For 2021?
Silver Ring Value Partners recently released its Q4 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 26.6% for the last 12 months (net), outperforming its benchmark, the Russell 3000 Index which returned 20.9% in the same period. You should check out Silver Ring Value Partners’ top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q4 2020 Investor Letter, Silver Ring Value Partners’ highlighted a few stocks and Liberty Latin America Ltd. (NASDAQ:LILA) is one of them. Liberty Latin America Ltd. (NASDAQ:LILA) operates as a telecommunication company. In the last three months, Liberty Latin America Ltd. (NASDAQ:LILA) stock gained 11.4% and on January 19th it had a closing price of $11.44. Here is what Silver Ring Value Partners’ said:
If You Own Liberty Latin America (LILA) Stock, Should You Sell It Now?
Clark Street Value sold its position in Liberty Latin America Ltd. (NASDAQ:LILA) stock. Clark Street Value is an individual investor that is focused on finding value and special situation investments. Liberty Latin America Ltd. (NASDAQ:LILA) is a telecommunications company. In the last one year, Liberty Latin America Ltd. (NASDAQ:LILA) stock lost 38% and on January 6th it had a closing price of $11.78.
Clark Street Value said that it sold its position in Liberty Latin America Ltd. (NASDAQ:LILA) stock in the fourth quarter. The investor added, “I did fully participate in the recent rights offering and the stock responded well after that, but had a sizeable tax loss that just became too valuable for me this year.”
Is Marchex (MCHX) Stock a Buy For 2021?
Clark Street Value sold its position in Marchex Inc (NASDAQ:MCHX) stock. Clark Street Value is an individual investor that is focused on finding value and special situation investments. Marchex Inc (NASDAQ:MCHX) is a B2B call and conversational analytics company. In the last one year, Marchex Inc (NASDAQ:MCHX) stock lost 38.8% and on January 5th it had a closing price of $2.26.
Clark Street Value said that it sold its position in Marchex Inc (NASDAQ:MCHX) stock after the tender offer was bumped up. The investor added, “several people reach out to me saying their call analytics software is best-in-class so there might be something there to those interested in small cap software businesses.”