TSX:BPO.PR.A - Post by User
Comment by
CrazyTraderon Mar 07, 2024 4:00pm
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Post# 35921313
RE:RE:Carena, pull up a 3 year/10 year chart.... You're selling at
RE:RE:Carena, pull up a 3 year/10 year chart.... You're selling atHi Carena, I understand where you are coming from.
Countless times this has happened to me:....
I jump in and buy a stock and as you see when I buy I go big. Then just like with BPO it continues to drop and drop and drop...... The feeling isn't great. You hair starts turning white and you can't sleep at night. Finally the share price rebounds back up and you sell thinking.... thank god I got my money back. Then virtually every single time the share price continues up... up another 100%, 200%, 400%, 500%.........
These are Prefer shares with a redemption price of $25, so I don't expect a 200%, 400% or whatever, but this time I'm holding..... Looking for about 100% gain. Even at 100%, that would put my shares at less than $25, I would be leaving some on the table..... but I think it's ok.
I'm now green on every prefer I bought and this doesn't factor in the dividends.
Countless times I sold...... not this time.
All just my opinion/view/thinking......