RE:RE:RE:RE:Reduced My Holdingsthesimplelife wrote: I can't understand all you guys. After getting kicked in the teeth by this stock for two years you guys are bailing when It is finally showing promise and the big wigs are jumping aboard. I think we will see 20$ soon. Oh well, go to Ithaca energy like ETR suggested 2 days ago....(Down 11% today)
AC was showing promise when it was trading near penny stock territory, and now it's delivering. I have taken half off the table but I still hold a sizeable position here. Whats the point of investing if you're not going to lock in profits? Although there are analysts calling for price targets as high as $30, realistically how often have you seen a stock hit a high price target that an analyst has called for. It almost never happens, and although I am bullish on AC over the medium and longer term, I am more than satisfied with locking in some profits since I've been in this beast since 2013.
As for Ithaca I have an average cost of 89 cents per share, so you won't see me sweat over friday's decline. Cheers