RE:RE:RE:RE:New Press Release - Aecon awarded contract for the Eglinton Crosstown West Extension Elevated Guideway project in OntarioAt the moment I do not hold any SNC shares. Sold most between 43-44$ a few months ago. Rebought some under 40$ and resold the last of them yesterday. Bought my first SNC shares in december of 2019 right before COVID.It took roughly 2 years and a half for that investment to be successful and I'm very happy about it.
As for Aecon, my position is now way bigger than 45000 shares (but much smaller than Gab's so everything is relative). My cash position is around 75%.
You know, we all started somewhere. It is true that making the 1st million can be difficult but after that, you realize that it is much easier if you take complete control of it. I enjoy the path more than the fruits of my investments to speak the truth. And I enjoy sharing my passion for investing on this forum with fellow like-minded individuals. There's nothing wrong in investing massively in just a few titles as long as you did your homework and know what you are doing. Over-diversifying your portfolio just for the sake of it is not recommended in my book.
It is possible that we might see Aecon under 10$ once again and I will still be first in line to add to my position. I'll enjoy the dividend along the recovery way. My target for this stock is 20$ (roughly a 100% return on the principal). Maybe in 2025 who knows ...