RE:Exiting My position
In a couple of weeks I will be in a position to top up my TFSA, plus some unused room from last year. I am a long term holder of FCU and plan to be until the end. However, I may buy into NXE. Why? There is a poster that frequents this forum (Losecash?) that keeps telling us to: sell the rips and buy the dips. I like that advice and am willing to gamble with it. But not with FCU. With its assured volume and grade, it has too many fundamentals in its favour. Or put another way, one day the train will leave the station and there will be no looking back and I'd hate to be in the sold out position and have to pay a premium to get back on board. NXE is another story though. Until her deposit it properly vetted, it will very likely be subject to many dips and rises, and that mostly on speculation. DYODD.