RE:RE:RE:The Shorts will pile into thisHey Griz
How she go these days? This market run has sure been remarkable.
I don;t think we've ever had a stock that's gone up 80% in a year like CPX has so far. I really do try to avoid trimming unless something really unusual happens with the company or the yield gets down into the 3% range BUT the CPX price action is pretty much absurd (unless there's a take-over coming).
We did only trim 12% of our CPX holding but when you buy in at $29.07 back in Aug 2020, it does make for some serious profits. I can see the temptation for selling all but I doubt I could find a home for that much cash (as even with the trim, CPX is stilll our largest holding).
I'm happy to hear you were able to find a home for all your CPX cash and goo dluck with it.
Take care
Sarge
ol_griz wrote: Sarge, I also bought T (along with KEG.UN and WCP with my "winnings"). Looking forward to the market catching up with two of those and taking a nice divvy from all three. I'll be keeping an eye on CPX if it comes back to earth.