OTCPK:EUCTF - Post by User
Comment by
shawshankon Jul 21, 2015 1:05am
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Post# 23943536
RE:I agree with SS
RE:I agree with SS
Rozelli...never a bad thing to sell half your position in any stock-if it doubles from your average cost per share-I originally purchased 50,000 between .055 and .06 and a small final tranche of 10,000 of them at .065 and sold 25,000 at .15 to .155 to leave behind a position free and clear and removal of what i oringally put up as risk-and even a little profit at that-with exposure left in the investment all pure profit even if the stock was to retrench to .01 per share-cuz ita position already free and clear.
I am not so much a trader as an investor-only that I do have a exit strategy to remove my own money put up-be it a speculative investment or blue chip but sometimes things can go to hel-l in a handbasket very quick without much notice and despite your best instincts in placing money-and you don't get that chance to remove your own money cuz instead of the companys valuations doubling or greater? they go south instead and you don't know why till much later in a filing MDandA-as some companies couch their interpetation of timely disclosure to shield information getting to the public domain to quickly.
Its best to use that strategy or margin of safety rule-if one can stick to it that is-on any and all investments no matter their pedigree or quality or who runs them...everyone manages for upside but very few manage for downside and if you don't pay attention to downside risk markets will humble-and anyone that ain't lost money and says so? is lying.
We all do...how we make it back tho is more important.
EuroControl has a long sales cycle but the contracts for fuel tag and tracking can run as long as 10yrs and with 75% of prior years revenues recurring in the start of a new operational year that is the tradeoff...predictable and stable cash flow in lean or banner years.
This exchange obviously-is not a big help either
Goodluck to you...SS
SS
rozelli wrote: He bought some when it was out of favour he sold some as it recovered. Now hes not sure so he is watching very closely hoping for the best but prepared for the worst. Experienced trader.
Hey its holding its' gains...looks like something good may come out of this company but man does it move slowwwwwww!