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Re: None

Monday, 11/28/2016 10:16:50 AM

Monday, November 28, 2016 10:16:50 AM

Post# of 1925
Today's early trades have me believing in ALDW with confidence equal to that prior to last week's slide. So, in keeping with that, I completed my positions with a buy of 500 units at $8.56. I'm done!

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 which 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!