TRADE UPDATE: SELL THORESEN THAI AND GLOW ENERGY

We’re cashing out of the two Thailand plays we put into motion right after the coup in that country. Sell Thoresen Thai for a gain of 50 percent and Glow Energy for a more modest gain of 12 percent. Dividend flows provided an additional 6 percent for Thoresen and 4 percent for Glow.

Thoresen is trading around 1.11 in the US OTC market while Glow is trading around 0.94.

Thoresen Thai and Glow Energy are both solid companies and would make for good longer-term investments, but we want to free up some cash for new ideas.

SELL THORESEN THAI AND SELL GLOW ENERGY.

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