OTCPK:ICPVF - Post by User
Post by
zalmonellaon Jul 28, 2021 2:31am
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Post# 33615187
What to do, what to do...
What to do, what to do...I see the gang that couldn't buy straight is selling like crazy today. Most of you I recognize from past posts when IPL was in the dumps last year - of course you were all buying like crazy, you had your little gain and it all worked out fine. But that leaves the rest of us.
In since 2015-6, ACB of $22 in registered accounts, earned some divvies so technically I'm above water, but my total return is less than 2% a year. What I was afraid was going to come about back in December is precisely what has come about, regardless of all the squalling and pumping of all the fleas who said this was the deal of the century and we'ld all be billionaires as soon as IPL finished HPC.
https://stockhouse.com/companies/bullboard/t.ipl/inter-pipeline-ltd?postid=32229710
Well, now BIPC will finish HPC - or at least arranged for it to be finished - and will move on to the next target. Meanwhile, I have a choice to make. Sell at $20, lock in a technical loss, and move onto the next target in a market that's not showing many others? Or convert to BIPC all-stock and hope that this gets me back on track for my annual 10% returns? Remember, they're registered accounts.
Advice on whether to sell into the market or to the offer welcome. Comments on my fear-mongering posts of last December not welcome at all - many of you had your chances already and filled your boots, and ended up dead wrong and snivelling. I hope most of you aren't managing other peoples' money.