Planet Out (LGBT) – wooooo

I discussed on this blog a few weeks back that I was speculating in Planet Out (LGBT). I hope you are along for this ride.

Today they announced a $26 million financing led by Allen Co. Stock is up 20 percent and has the room to retry and execute.

Should be interesting.

It’s Canada day today so be nice to me. I am a simple ‘hoser’ EH!

I am looking at some interesting opportunities all month in Toronto and hopefully have some great ideas to share soon.

One comment

  1. dan says:

    I wish I would’ve followed the smart money into this one. I thought about it when I saw that you and Mark Pincus were buying, but never acted. Congrats.

    But I did follow your lead on optn and I am loving it today! Thanks for the heads up on that one, up 25% today on news of Walgreen buying them.

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