What happens when you enter while Ackman Exits
image courtesy : https://www.nytimes.com/2019/01/19/fashion/weddings/as-if-by-design-their-connection-was-inevitable.html
Trading Strategy Rules :
Bill Ackman Strong Risk Management skills triggers and he exits the stock from his portfolio
We buy the stock & hold for one year
below the prior 4 instances , when the trading system thrown a buy signal
web links used in the above image :
https://www.startribune.com/it-s-over-ackman-sells-his-target-shares/121994259/
https://www.forbes.com/sites/nathanvardi/2013/09/26/bill-ackman-was-right-about-j-c-penney/
https://www.forbes.com/sites/nathanvardi/2017/03/13/billionaire-bill-ackman-sells-disastrous-valeant-investment-after-nearly-4-billion-loss/
https://www.cnbc.com/2018/02/28/ackman-exits-bet-against-herbalife.html
one notes Bill Ackman exited Netflix , with the following note on risk management practices of perishing square
One of our learnings from past mistakes is to act promptly when we discover new information about an investment that is inconsistent with our original thesis. That is why we did so here.'
A comparison with $SPY of those 5 picks ( we are not able to get the details on borders group )