Post by
NewfNewf on Aug 12, 2022 1:19am
i will be selling in the ....
high 11's like i did not long along ago. Bought it back again in the 8's and ready for the repeat. These guys are doing a great job and like the company but i think we are in for some interesting times in the next 4 months. Especially concerning is the China situation with their banks and housing as everything will get sold off if the China situation gets worse as we are not isolated from this mess. Thats when i will buy back once again. Just my strategy as i want to stay as liquid as possible in these markets.
Comment by
Billybabin61 on Aug 12, 2022 8:40am
Never a bad thing to take profit, I thought the same but the company today is not the same as it was back at those lower levels given recent results and upcoming elimination of debt completely and the dividend hike. I am holding and will be adding on weakness.
Comment by
PlutusofCrete on Aug 12, 2022 8:53am
I agree - I will just continue adding on weakness
Comment by
AboveBoard on Aug 12, 2022 11:13am
well done. Many variables in the mix. Everyone has different strategies. The bottom line is to make money. Trading zones can be very profitable. 24 trades at about 3% cuts a double if playing cumulative. A couple 36% cumulative cuts a a double. Emotion needs to be on hold. Key is not to get caught on a major down draft.