Friday, September 23, 2016 12:31:10 PM
Position size 10,000 units
Cost basis $9.67
Profit/loss $12,168
If/when we get to $11, I will not consider selling any part of this position. I see much greater fortune down the path. If it takes longer to percolate, so be it. It certainly couldn't take a year to happen and I expect there'll be a pop within the next half year. Be that as it may, I'm prepared to wait it out, being of the belief that we need companies like ALDW. That, of and by itself, reassures me that I've identified a potential profit-maker. It doesn't mean it's on automatic, naturally. But luck being what it is, I've checked this one out sufficiently for my own peace of mind and am quietly accepting associated risk.
So now we wait and watch ever so carefully. And I'll be a buyer at anything getting close enough to $8 to feel the heat.
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