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Re: None

Friday, 11/17/2017 1:26:02 PM

Friday, November 17, 2017 1:26:02 PM

Post# of 1925
Am putting cash into ETP as I see it rising from here. Holding 600 units at present and will probably sit there for now.

Strong company, good history and IK like its prospects. As much as anything, I need to have a handful of picks in my "incubator" to wait on, watch, and see what hatches along the way.

Let go of a small position in SXCP, a coking coal company that was doing a slow bleed and I don't like that. We're entering a stronger industrial time globally speaking and if I don't see a pick moving in lockstep, that tells me I belong elsewhere.

I continue to hold 10,000 units of ALDW in my general account, not sure I want to sell more at this time. However, if DK continues to strengthen and pull ALDW with it, I may have to give in to the selling pressure and pay the taxes. Just not sure yet and thinking I don't have to see the light just yet. But I do think ALDW is going to suffer a horrendous crash as soon as we enter the new year with people wanting to divide taxes across a two year span instead of just one.

That scares me some, I must admit. I may continue to ride this higher if that's how she goes and then sell maybe 20% in the last week of the year.

Anybody else in the same quandary?