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## Friday, November 28, 2014

### Corticeira Amorim - sell

Today I sold my little position in Corticeira Amorim.
The net price was a bit over €3.14. Net profit : 3.6% (in less than 2 weeks)

I believe I can buy, again, at lower price and, in that case, I will be happy to became a shareholder again, since I believe the company is pretty cheap right now.

Have A nice weekend!

1. Just a quick question to understand this trade?

Why do you believe that, if the company is undervalued today, that the price will fall to a lower price where you can pick it up again.

Also, is the 3.6% net profit before or after trading fees and bid/offer spreads?