FormerXBC Inc XEBEQ

RE:RE:RE:RE:Sell the news?

[sumpineh]

babedinkleman wrote:

babedinkleman wrote: I don't consider myself a trader.....but I did take half off the table at $3.60.
WIll reassess just before Q3 to see what I do with the rest.....as it was always my stated plan to be out on the day of the announcement.  The strong trading these last few days has me rethinking that to a degree.  Of course probably not a popular move on this board......but for now selling half at a 22% gain after a couple of months of weak trading seems ok to me.  Relatively small position so either way up or down isn't going to change my life.....and for some reason selling half always sits well with me.  I'm happy if it goes up as I still have half......and if it goes down I'm happy I sold half.  Weird psychological mind games that make me feel better about being wishy washy....LOL.

Hmmmm.....strangely my psychological mind games don't have me feeling as good as usual after selling half LOL.  Either way.....good news......if it should keep marching higher if the sector holds up.  Let's keep this in perspective though.....they bought some capacity at a good price.  Did anyone not think they were going to do this?  It's not shocking news.....it's news that had to happen.

True but until it happened,it hadn't, so therefore not baked into the SP. About selling half.You can never be right.If it goes up,you shouldn't have sold and if it goes down,you should have sold it all. That said,I have done it many times. I think in a year from now we will say that this was a great purchase.