Q: Zedcore (ZDC) has a share price of just over $4. So, one may have to buy a lot of shares to hold a decent sized position. Is there a maximum number of shares you would hold? Or should one focus on the dollar size of the position only? Thanks.
5i Research Answer:
We would focus on the dollar amount, but also with a consideration of the dollar value of daily trading on the stock. Trading $$ volume is in the $1M range daily, so we would like to see a position of much less than that to allow for an easy exit if one wanted to sell.