This last week I picked up some more harman intl (har).
It’s interesting in that normally I have what I call “macro” reasons or really “stories I tell myself” (eg: more people are going to do “x” etc) about the stocks I purchase. This time I don’t have one.
Originally I bought harman in 96′ when I heard they purchased madrigal. The firm that owns mark levinson, proceed and I’m not sure what else.
I wanted to own a piece of a high end audio company. If it made any money, great but that wasn’t the focus. Now, I’m not sure. I’m going to have to just wait and see. It’s not that much cash anyway.