Reflection...As we take some time this weekend to share some much needed time with family and friends, I have some reflections regarding my favorite stock holding.
It is great to have an investor like D&D in the mix. As we have seen this week, D&D jumped in a couple of times to rescue the share price from manipulation and games. I think those that have been trading away massive amount of their shares at a higher price only to buy them back at the dip need to rethink their trading patterns. D&D is buying available shares at strategic times. They have demonstrated that they are not afraid to buy at the ask even if it is at the day's high. I think there is a game of chess going on and with D&D's resources, they are going to win.
My advice to all:
If you decide to sell your shares and D&D buys them, you will not be buying back from him for a very long time. Those shares will get taken off the market. Eventually the majority of SXL shares will be out of weak hands and held as institutional holdings. Those of us that are still in Slam when this happens will reap the rewards.
Happy Easter!