This morning I decided to trim my HRSH position by selling 2/3 of the position at $2.46. With the stock having shown a tendency to jump and fall back over the last few weeks, I decided to use today’s strength to reverse yesterday’s buy and scale my position back to its original size. I plan to continue to trade around my core position over the next several weeks, which should hopefully create a series of small gains while […]

Continue Reading Trimming back HRSH position

This afternoon I decided to take partial profits on HRSH. I sold half my overall position at $5.07. I am still retaining a significant position in HRSH, but with the stock up 7% today and 13% from my buy price in a relatively short time, I thought it best to cut some exposure here and book some hard profits. This has left me with a decent amount of capital to potentially invest, and I will be looking […]

Continue Reading Taking partial profits with HRSH

Hirsch International (HRSH) is not the kind of stock you see turning up on many people’s buy lists these days. The company distributes embroidery and screenprinting equipment and software primarily in the United States, which would appear to be a dying business given the trend toward outsourcing of apparel in the past decade. For sure, the company has been hit with some tough times in recent years as a result of this trend, but Hirsch has been restructuring […]

Continue Reading Hirsch Int’l: Effecting a turnaround