Up In March, Moab Partners Looks Back On January / February Sell Off And LamentsMark Melin
The best performing sectors in March were what was previously beaten down, and this includes crude oil and commodity performing stocks, the Moab Partners March 2016 letter to investors noted. Ironically, some of March’s top performers proceeded to quickly go bankrupt in April. Going forward, the $547 million hedge fund doesn’t like what it sees and is engaging in hedging strategies as it looks to event-driven arbitrage.
Moab Partners not a big fan of commodity market speculation
Moab, for its part, doesn’t like . . .
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