RE:RE:RE:I own 50,000 shares at $1.01 Coolfireca wrote:
17 percent dividend yeild qt current divy! Why would he sell?? I'm in at similar point.. Wcp is only going to get stronger, and divy will only increase as oil gets squeezed to new highs in the coming years! Under investment in oil will drive oil prices higher, and wcp has what it takes to bring their share price to new highs in the coming years! Debt free in a couple years and walla... put money maker lol
Dont get me wrong....not saying to sell all .
If you made a 4 bagger then selling 25% of your holding means you get back the original risk you invested and the rest of the stock you have is free.
This way when the stock goes down...and it will go down....you still sleep at night quite nicely.
You dont lose your money by taking money off the table. You lose your money by being greedy.
Now currently WCP RSI is in the high 80's, very overbought so you can expect sellers to take profit.
But hey....no one knows the future!
IMO
Good Luck