Everything I just stated for BorgWarner (BWA) I am repeating in Polypore International (PPO). I actually dumped the majority of the remaining position the exact same day I did BWA. However in this case, the stock continued to rally and got into the $29s so my sale near $27 was not as well timed. Either way, I had locked in a 15% gain at the time, and now can repurchase at some discount as the "gap" is close to filling. I'll take a stab here and hopefully in a market selloff can layer in a new round of purchases lower. This is a modest purchase today of under 1% exposure.
Long Polypore International in fund; no personal position
Tuesday, August 24, 2010
Bookkeeping: Adding Back to Polypore International (PPO)
Posted by
Mark
at
10:16 AM
Bookkeeping: Adding Back to Polypore International (PPO)
2010-08-24T10:16:00-04:00
Mark
Polypore International|
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Labels: Polypore International
Bookkeeping: Adding Back to Polypore International (PPO)
2010-08-24T10:16:00-04:00
Mark
Polypore International|
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