RE:RE:Ebola - took a little of the table today
First, keep in mind I didn't say I'd closed out my position. The entire Ebola issue isn't about reality, it's about perception. No, Canada hasn't had a case yet. Will it? Who knows, but if the number of cases in the U.S were to get to say 100, people WILL stop going to restaurants. Business for the airlines & hotels is already reflecting that fear. If this were to happen to AW.UN the share could easily drop to $20. The current share price of A&W is at an all time high; by selling now, am I really likely to miss a big run up? If things settle down, I think I'll be able to buy back at close to current values. It's about risk management.