GREY:LGLTF - Post by User
Post by
BigPapaStockon Feb 25, 2015 12:02am
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Post# 23461763
Sold off my position
Sold off my positionI ended up selling my entire position in LOY throughout the day. I had about 70,000 shares and just think that this could retrace. I really didn't understand the uptick following today's news. I'm still extremely bullish on LOY and think big things are ahead. If support hangs in there over next few days, I'll definitely be jumping back in. Had to take the easy money as I was in at an average of .42 am really unsure whether this could retrace in the short-term. Long-term this is a no brainer. 2015 should be a great year. A couple other stocks on my radar are PHM as it just continues to rise and has extremely strong support, SPN which was one of Fabrice's recent top picks, and YGR which is an oil play that have a hedge on their oil sales over $90 for all of 2015. If oil recovers, YGR wouldn't even be affected by the downturn. This was a recent top pick on BNN as earnings should remain strong throughout 2015. If oil remains low, you would want to sell closer to the end of the year.