Thursday, March 26, 2009

Greenhill on a roll

Greenhill (Ticker GHL) announced another MD hire today, bringing the YTD number to five. My projections were for them to hire ten in 2009 so they are already half way there. For those that own it, I would start to think of the position as a source of funds if it goes above $85 within the next month or two. The stock can go higher, but I think you can find better risk/rewards in other stocks at that point. I wouldn't initiate a new position at these prices, but I am sticking with my position for now.

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