Monday, November 28, 2016 10:16:50 AM
My positions now stand thusly:
Units held: 24,000
Cost basis: $8.73
The only way I'll consider adding from here on is if the price/unit were to drop to $8 on no news whatsoever. I don't need more to convince myself I can pick 'em. And I'll be in line to relish the moment when units fetch the $15 I'm expecting by September of 2017. That will represent an overall value of $360,000 versus the invested amount of $200,000. And then, if we look further out and get to the $27 or better I can envision, the end result is really quite powerful.
Frankly, there are times when I'm not sure means more---the opportunity to make sizable gains or the actual gains themselves. I have no specific goals or destinations in need of those profits. Were that not the case, it would be easy to understand.
Still, every time we rise a penny it's now worth $240 to me and that makes every minute of every trading day fun and exciting.
Good post-turkey to all here, may your turkey farts not cloud the environment!
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