RE:RE:sold a bunch today at 8.95hpjtv77 wrote: wow talk about rubbing it in, not blaming anyone but myself for not holding out. Sold 34k shares at $4.66/4.67. Can't believe 2 jumps within the last few weeks... feel like such an idiot.
Same thing happened to me with another company last week (SOLO) jumped from $1.20 to over $6 in one day right after I sold at $1.30.
uograd wrote: Don't feel one bit bad. Was happy with the takeover at 7.78 and in fact added a few times in the 7.50 range but taking a few off the table here works just fine for me. Still have more than than enough left if it gets another hit.
Going back to the history of this board, I made the first post way back when and have probably traded this over 400 times so suspect Deisman and I will both look back on this with fond memories even if there were a few heart breaks along the way.
Looks like the 71 mustang I have been looking at will be sitting in my garage in the not too near future.
one other thing, Nova Scotia, I suspect q4 is going to be terrible not fantastic which is why crius accepted the first bid. Could be wrong but that is my guess.
This has been going on for close to two years. It even FOOLED PROFESSIONAL ANALYSTS for some rather large brokerages.
The short scenario was obviously a ploy that is now becoming obvious. The perpetrators of the short included an analyst group called SEEKING ALPHA. They may not have been complicit in this but they certainly jumped on the wagon in a hurry.
Don't feel bad. I got out at the $7.50 point. I had slightly over 70K units with an ACB that was well below that price. Profit is profit. Crying over the profit that got away is understandable but debilitating if you dwell on it.
I went back to mostly trading, rather than collecting distributions. I recently bought into another oversold trust which has gone up in value and maintained the distributions I'm used to receiving but with some very nice cash gains on the side.
There are other good opportunities out there. Look for them.
Again, congrats to those astute enough to see this scenario happening.
I will admit, I got cold feet and jumped at a guaranteed profit.
GLTA the good folks here.