And we take profit on OBX again

OSEBX is now at 277.34 with OBX at 249.54 (locking in 2.7 percent from the buyback 14th of may). The volume at the time of writing is 2,872 million NOK and the momentum upwards with that seems to have faded. We revert back to the initial strategy from the 10th of may. Positioning ourselves defensively in primary capital certificates and focusing on stockpicking. Things can obviously continue upwards, however, I'm comfortable taking the profit and reducing risks at this point and rather buy back later if I turn out wrong, giving up a slight profit.

2009-05-18-osebx

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