Sold more shares of Premier Exhibition (PRXI) yesterday
I’ve now reduced my position to 1/3 of my original holdings. Unfortunately I didn’t take advantage of the spike up in price last Wednesday and Thursday to sell shares; I calculated, wrongly, that the spike would take place Friday, the day before the auction closed. I was being a little too cute for my own good. As it is, I’ve now sold 2/3 of my shares at an average price of $3.48, a not unhealthy return. I’m becoming less and less enamoured of holding my remaining shares in PRXI until the outcome of the auction is made public, but with the share price falling off sharply this week, it looks like that’s what I’ll be doing.