Capital Power Corp T.CPX

RE:RE:RE:RE:RE:The Shorts will pile into this

[Red_Deer]

Hey DEAN__The CAPITAL GAINS LIMIT is ACTUALLY 250K__NOT 200K eh !!!

BUT You WILL DO  WELL With TELUS and LIKELY TD

DeanEdmonton wrote: Sarge - to be honest, the timing was pure luck. I actually thought I was going to end up leaving some money on the table. Same when I sold a wack of ALA a couple of days before. I was actually raising cash for other buys but also to lock in gains and, trigger capital gains while staying under the new 200,000 annual limit, which may never actually become law. Like you, I have been adding to Telus, and TD on weakness and am holding cash for some other beat down stocks for when they finally bottom and start back up. Thinking of stocks like BCE, Emera, Canadian Utilities ETC. Stay well and have a very Merry Christmas.

SargeX wrote: Hey Dean

Fantastic stuff on your sell and the amazing timing. I had initially said that we wouldn't trim but it just got too ridicuous. I even trimmed another 555 at $67.85 shortly after the open this mornng. We ended up trimming 19% of our CPX holding for a nice $52,3k profift but we stil are holding quite a pile.

We put most of the CPX trim proceeds into TD, BNS, and T. which are working out quite well so far and I like all the extra dividend income.

As you know, we rarely trim but it's been a bit different story since this autumn with the CPX trim and a 55% trim of RY.

As ueual, all the best and take he easy
   Sarge

DeanEdmonton wrote: Sarge - Agree with you guys. I am up 148% on this stock, sold it all yesterday. Will sit on the sidelines and see what happens, but this run is WAY over done unless something is cooking. For now, happy to lock in the profits and see where we go.

SargeX wrote: Hey BSD

Totally agree unless soemthing is brewing with a potentail take-over. (now that would be one sad day!!)

I had recenty said that we were not going to trim but this has gotten so ridiculous that I decided to trim 12% of what we had (including some more this mornng). Took a nice little profit of $31.2k and used the dough to add to T, BNS, & TD.

As an aside, even wwith the trimmming, CPX is still our largest holding (amazing)

I saw a post that sounded like you had warmed up to EMA - nice to see.

Take her easy
  Sarge

BSdetector2016 wrote: Run-up NOT justified.