This blog covers the stocks that are part of the GDT::Portfolio.
Thursday, December 27, 2012
Bought Some Mace Security International (MACE)
Mace Security International (MACE) has been a crappy investment for us, but that didn't stop me from buying some MACE today (02012.12.27) at $0.28. MACE dilution has been a problem this year. From the company's 3Q'12 press release issued on 02012.12.11: "Weighted average shares for computing loss per share for the nine months ending September 30, 2012 and 2011 were 58,946,441 and 25,116,345 respectively." At $0.28, MACE was two cents above it's net book value per share of $0.26.
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