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DG Value presents a thesis for this gaming stock

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Michelle deBoer-Jones
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DG Value's Concentrated Strategy was up 0.2% for the fourth quarter, bringing its full-year return to 5.58% for 2019. The HFRI Distressed and Restructuring Index was down -.41% for the fourth quarter and up 2.61% for the full year. The HFRI Event Driven Index was up 2.88% for the fourth quarter and 7.53% for the full year.

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Contributors and detractors

Credit positions that contributed to DG's performance during the third quarter were Blueknight and Invacare, while the credit position in Contura detracted from performance. Positive equity holdings included Aimia, Blueknight, EmployBridge, Everi, Innovative Industrial Properties, Merrill, Playa Hotels and Twin River. Equity positions...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.