JUST SOLD MY FIRST AOI IN 12 YEARS FOR MORE CPKCWell Doc, after being an investor in AOI for over 12 years - and little to show for it I didn't think today would be the day that I would start divesting my AOI, but here we are.
I have to thank you and your team's presentation today to help push me over the edge.
My reasoning is very simple and as I recently came across an article called 'Prospect Theory' this also helped push my decision as well.
When I think what are the chances that CPKC will double in the next 4-5 years and then again in the next 4-5 years after that is pretty darn good.
Like real darn good.
While the case could arguably be made for AOI to also perform like this, the reality is probably not.
No reason to not hold on to some shares for a long term hold, but my money has gotten much smarter over the years and it has told me loud and clear it has no intention of waiting another 5 years - or more to see if the good Doc is worth his salt or not.
When I think of these four executives versus the executive team of CPKC, well again there is nothing to think about.
Laser focused versus not laser focused.
What a great feeling to finally break the chains of a long term laggard.
I sold a small amount at $2.49 versus a cost of $1.89 and immedaitely used the proceeds to pick up a few more CPKC.
See ya next quartely call Doc.
Double the dividend and pay it quarterly like everyone else does.
GLTA.