RE: PLN
OK to convert the excess PLN back into USD? I need to sell around 682K PLN (-1185K).
Paul
Paul Barrett
Alpha Group Capital LLC
142 W 57th Street, 11th Floor, New York, NY 10019
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yes. again a very bad decision to hedge !!! were you afraid poland would strengthen compared to dollar !!??
Why? I thought PLN would weaken so I hedged the fx exposure. PLN is down 8% since I bought the stock. The hedge worked.
Paul Barrett
Alpha Group Capital LLC
142 W 57th Street, 11th Floor, New York, NY 10019
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