Sir Royalty Income Fund T.SRV.UN

RE:RE:RE:RE:New high $11.82

[BlueJay2020]

Proving beyond doubt that flamingos have steel balls, not gold!

I had a similar experience with Shawcor.  It had sunk to ridiculous levels, about a buck, and I opened a positon at pretty near the bottom and steadily bought as it rose.  I got out at almost the right time because it popped and then dropped back significantly.  I would much rather hold a restaurant stock than an oil services stock these days.  But sometimes a stock is so egregiously mispriced that you really have to take advantage. 

Like you, I am still holding Chorus because I think it falls somewhat into that category.  I'll admit I pulled the trigger too early but I am confident it will all work out fine in the end.

flamingogold wrote: Out of curiosity, I revisited my SRV purchase history. I bought so many things at so many times last year during the worst of covid I lost count. To my surprise, my lowest purchase was $1.52.. almost the low! My last purchase was in January of this year for $3.25. It's turned out great, but it was far from that at the time lol. No pain, no gain.