RE:RE:Sold half my position for a double Call it capitulation all you want, through 8 years I've held through Bellemare's lies, executive stock fraud allegations, a CSeries giveaway, a cash sucking transporation division, Covid, near bankruptcy and a reverse split. I probably missed some events too. But, despite all that I doubled my investment and that's a win in any book.
But hey I am still in this. So, I'm ready for the next leg up... or not. It doesn't concern me now because my shares are all free. That's a win too.
Nordico wrote: Congrats on doing exactly what the institutional shorts hope for when they attack a stock like this. Retail investor selling in capitulation at an absurdly low price.
flamingogold wrote: After 8 years I've decided to take some risk of the table and sell half my position. My overall gain is more than a double so I'm riding free shares now. My original goal of exiting at $200 is still on the radar. However, I am not prepared to risk a scenario of my entire position being sold down into the $50's or lower and waiting 4+ years to come back. My position is large and in my TFSA so a loss is permanent, something that almost materialzied during Covid. Bottom line, no one ever lost money taking a profit. That works for me.