Repro Med Systems Inc (REPR)

[blue_skies]

Truckin' got my chips cashed in

So says the lyrics from the grateful dead. I am a long time share holder of REPR stock nearing retirement. I am taking some of the chips off of the table. The stock has had a fabulous run. The stock market has had a tremendous run. The story about the company remains unchanged.

But the macro economics are changing. The artificially low interest rates that have propelled the stock market rebound/boom since 2007 are being readjusted to a more normal range. There are huge unfunded deficits at all levels of governments. This includes state and local underfunded retirement plans. Not to mention students loans. This is an inflationary scenario which is not conducive to the stock market. Foe these reasons, and not the particulars of this company's story that I am lightening my holdings.