This is a bit of a surprise as he established the position in Q2-2020.
Is Monish Pabrai dumping seritage?SRG
Thanks. I will check it out. This has become a pattern with him - EAF, BABA and now SRG.
Seems he is. Although his friend (Guy Spier) and his fund (Aquamarine Capital) still holds SRG. But it is interesting as it was 50% of his portfolio. Very interesting move.
I see no reason why he would buy this company-- it has a very short cash runway, and looks like it is on the path to bankruptcy. At least he sold now, instead of his shares becoming completely worthless.