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Re: pete807 post# 983

Thursday, 12/08/2016 1:35:23 PM

Thursday, December 08, 2016 1:35:23 PM

Post# of 1925
You've just provided us a great roundup and I laud you for doing so.

We definitely agree when it comes to Icahn's motivations.

And yes---the fact that we exceeded the $10 threshold confirms that we will soon enough close above that point. Once a path has been cleared, it's a lot easier traipsing down a byway than when you've got to drag out the ol' machete to cut down clogs along the route. So the swordsmen have lived up to our expectations handsomely and I view it as a given that we next await the close above $10. It will happen just as we closed above $9.50 twice this week, already.

The drop from highest grace is weird, for sure, but were I not the purist I be, I'd have sold a thousand or two of ALDW for the windfall gain. But I am a purist and I've vowed to not sell any units without forewarning this board of my intent. It's my vow.

So I did not sell. A Seattle buddy called via cell and asked if I've been tempted to which I replied that I wasn't. Reason? I could believe we'll be sitting at above $30 by this time next year.

One of the most important aspects to successful trading, in my opinion, that is---lies in the investor's believing in his/her own ability to connect relevant dots meaningfully and then stand tall within him/herself without giving in to self doubting. When I add up very recent events sure to factor in to ALDW's future prospects for noteworthy success, I see dynamic moves, all of which have been to the upside.

At this point in time I see nothing to alter the directional viewscape. That single fact alone had me considering adding a thousand units this morning when the price settled back to under $9.60.

I resisted because I am really out of dry powder. Otherwise I'd have lunged at the opportunity. That's how sure I am of this pick, for whatever it may be worth to others here.

We are here to prosper and prosper we will!

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y