TSX:RUS - Post Discussion
Post by
JayBanks on Feb 14, 2023 12:19pm
Sold Out
I setup a trailing stop loss that I guess was too tight and sold out early this morning before the high, all good tho, I got more than I expected to get if I was just gonna do a limit sale.
Nothing really wrong with the company (obviously solid earnings and outlook), just see better opportunities with better growth, risk/reward and dividend growth profiles. This thing could still run up 10-20% on its strength and outlook, but it could also drop 30-50% quickly if things get rough, and Management confirmed in the earnings call they have no interest in raising the payout atleast this year (which they haven't in several years after being a grower in the past).
Hasn't been the company I expected when I bought in, but I still walk away with a total return of just under double my original investment a few years back...
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