RE:RE:The Share PriceT.B.H.....I sold all my shares in PHO aroung the $2.10 level. Give ot take a penny. Reason? Tariff uncertainty, lower forcast going forward and the stock chart breaking down. All that made my decision to liqudate. This big pull - back, no one saw coming. Seeing this now, I'm sure glad I did because its fallen below what my original cost was.
Pho is now 30% off it's high and there is a lot of support around the $1.73 - $1.80 level. I may step back in but for now....I'll sit back and let the dust settle on where it goes.
That's why I've always said in other securities I've held --- or still hold. You NEVER lose when you profit take well above your cost, or sell everything when you are unsure.
Because stocks can be so volitile and unpredictable.....emotions get the best of us when one is on love this a stock. Just saying. I learned that a long time ago.
The good thing about PHO....they have a strong cash balance sheet.