I sold the last of my holdings last night. To be up 300% in a year on my largest holding has been a great run. But the original thesis (discount to adjusted NTA) has played out. Its not to say LCM cant become a BUR and keep growing but not with my money.
Maybe thats why I never hit massive home runs (20 baggers). Good luck to holders. I think LCM is a quality company in a great industry - the risk is now valuation (in my opinion).
LCA Price at posting:
91.0¢ Sentiment: None Disclosure: Not Held
