More Crypto – sold KR1 / direct holdings, shorting Tether

Exited all my crypto holdings gradually over the past month or two.  I was lucky enough to be able to sell quite big chunks in early January.  Some of these are up over 10X but they were only ever a very small portfolio weight.

There is too much froth / junk / fraud in the market and I dont see downwards trend reversing any time soon.  I think there needs to be a big clear out before we can get decent rises.

Continue reading “More Crypto – sold KR1 / direct holdings, shorting Tether”

PVCS – selling half -7% Taking too long

Selling half of my PVCS at a c7% loss.

Their strategic review is taking too long.  In addition I was over optimistic / didnt put enough thought/work into my estimate of closure costs which I now believe could be a lot more than the €2m I guessed.

This might reduce my upside quite a bit and the delay on the strategic review is making my nervous so I am lightening this up substantially.