GREY:CRIUF - Post by User
Comment by
deisman03on Dec 05, 2017 2:11pm
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Post# 27095290
RE:RE:RE:RE:RE:RE:QUOTE
RE:RE:RE:RE:RE:RE:QUOTE Most institutions are already finished their tax loss selling/trading by mid November. Depends on when their fiscal year end is set at.
I don't disagree with your strategy this time of year. Still when there is quick opportunity to make some decent profits in other companies, I don't see any reason not to take a small profit here and go for higher gains elsewhere. BLO was a quick blessing for me. The fast and dirty spike before it settled down was like a small lottery win. 80% return in a week I will take at every opportunity. Then there were a couple of 15% swings right after the leveling out. I'm back here again for the distribution and the price is 1% below my purchase price. What am I missing???
I wouldn't be here if I didn't think there was some good opportunity to make money.
I don't sell my core holding of Crius. Then again, I don't usually have as many units as I do now in my very limited portfolio.
I'm not a big fan of diversification. That's for people with a lot more money and other resources than I have. IMHO it's a way for brokers to take the sting out of their screw ups and make 3% returns seem wonderful.
Each to his own when it comes to investing. We all have our own strategies that hopefully work well or at least within our expectations. That being said, I am not above taking a risk for a decent bonus return.
This is a good/willing horse until it isn't. Ride it while it's good but always look at other horses. Doesn't cost anything to look until it does.
GLTA the good folks here.