RE: Getting ready to sell?Hi Ticker,
I picked the $40.00 sell point way back when it was under $20.00. I was buying ans selling almopst daily when it was between $8.00 and $15.00. Some of the daily swings were in the 10% range allowing me to leverage and build my position over 400% in stock and almost the same in value per share. I sold 10% lots starting at $30.00 and planned to continue to the $40.00 level.
As I like this company, I've been buying when the stock drops 5 to 8% and selling whne it climbs back up 5% or so above the predrop price. This has let me continue to build although not as dramatically as I did in the early years.
I will have some to sell at $40.00 but think I will continue to play the swings and grow my FTT portfolio.
All my FTT holdings are in my RRSP so I am in no hurry to sell.