OTCPK:MAUXF - Post by User
Comment by
bows333on Feb 07, 2013 9:11pm
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Post# 20955664
RE: Opinions on Buy More or Sell
RE: Opinions on Buy More or Sell Some years ago I bought in on Ultra Petroleum at a little under $2. I let it go at $6 and moved on, then watched it split 2-for-1 and go to $100 besides. Sigh. I would have made millions-a hundred times more than I invested-in roughly ten years. It just was not meant to be.
This time I knew what I saw and got in heavy, certainly more than prudence dictated. Am I buying any more? No. I am still very overweight here, and the stock going up has unbalanced my portfolio even more! Am I selling? Not a chance. Just like UPL, this play is still in its infancy. I will use the dividends to rebalance and invest elsewhere.
Neither buying nor selling, just a long-term holder.
Bows