This has to make you chuckle. Bought by private equity, sold by...

This has to make you chuckle. Bought by private equity, sold by private equity and now bought by private equity, no doubt to be sold again once earnings look better.

The cynic in me says 'never buy directly from private equity'. Wait for the price to fall and then buy. Generally when private equity first lists a new company the earnings will be at a high water mark.

Well done to those who bought HSO under $2 recently. It has some excellent assets and is such a different proposition to other PE listings like MYR - which is why there have been no offers for MYR yet.