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Re: MikeDDKing post# 272479

Friday, 08/14/2015 2:16:39 PM

Friday, August 14, 2015 2:16:39 PM

Post# of 275592
Sell 1500 shares of DAP-U.V / XPLT at $3.9015 for the SwingTrade Portfolio.

This is a tough one to sell. I really like the company and management. The problem is, however, that lots of expectations are built into the price. If they don't produce big growth this quarter, the stock could get really punished. Plus, when you have the backdrop of the market, high PE stocks are not the greatest place to be. I might be very wrong with this sell but I'd rather have the cash now. I'll look to reenter if I get a more favorable risk/reward situation.

The SwingTrade Portfolio was up 36.2% in 2014, 83.5% in 2013, and 510.9% since inception.

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