American Electric Technologies (AETI)

[learning curve]

Sold half today.....other opportunities arose....as well as:

The tape and tactics look bad (albeit I didn’t have time to follow much at all today - or last few days; but the little I saw was aggressive).

One can only guess....:First I would assume there are no longer 2 interest in the company (known to company).
1 of the interest has left. The 1 remaining is going to fight for the absolute best price and use any mechanics available. The wait and time premium for sale can only be eliminated by another party hiding and observing from the sideline. At these levels is when hidden entity will most likely begin to test waters and let the currency market be the short term driver.

I am doing something I don’t like to do: miss the trade (hence only sold half)
I tried to be disciplined and have belief that I can capitalize money else where and still get back in.

It’s tough to do though as I believe this is a guaranteed trade at current price...the price is patience.
I have made this move which does the following for me;
Minimizes reward potential
But gives me other opportunities over time

In the end:
If I can get back in before a major shift is announced and make more on another trade i will have accomplished nothing.

What triggered this change for me was the other opportunities I believe were excellent with a tight window; and the appearance of the tape last few days.

I could be all wrong? Hence still hold half