RE:Added to position Boulter wrote:
Sold some ECA and increased MX (MEOH) by 1100 to hold 5100. Been a shareholder about 20 years. They are a bit in the doghouse now with recent quarterly loss and weak pricing of late, but unlike many businesses, they are investing for the future instead of just buying back shares and paying dividends. Plus they rode the oil price down, but of late have not seen any upwards action with stronger oil pricing. I think over the next 5 years, MX has a better chance of a double than ECA. Yes I said 5 years - I am an investor not a trader like most folks.
Just 4 months ago I wrote the above and am just under half way to a double. Now my largest position again. Nice simple to understand company that nobody pays any attention to. Thanks John Floren and team.