RE: RE: 2 deals doneHere's the "proof" and why it is IMO SO important not be married to a stock, be willing to admit it is/was a mistake, and move on and give yourself a chance to take money. I wrote the post below in mid August when there was a dollar or less difference in the stock price, I accumulated a lot of shares of BXE below 4 and the spread between the two has now increased to over a dollar and IMO will probably widen a lot more in the year ahead. DYODD and all that
"IMO there are much better and more timely oil/gas
investmentsafter last weeks markets plunge. I was buying BXE heavily below 4 andexited all my PMT. With what was easily a dollar less in pricedifference at the time and BXE's hugely increasing production that willby year end be over 40% oil, this was a no brainer for me. I reallydon't care about the dividend at this point in stocks like this, PMTcould end up ending their divvy soon. I want to stress that PMT mightbe okay over the very long term, but I see much, much greater potentialin BXE over the next 6-12 months.
Just my opinion and DYODD
and good luck to everyone!
MK"