Monday, August 05, 2019 11:40:01 AM
I'm reacting---
But I'm not going to swear my head off on this public board so I'll just shut up!
Actually, my other main pick was looking very ripe for adding units (MLP share-style) so I let go of 5,000 AVMXY on Friday. When the MLP pays me in nine days (it goes ex.div. tomorrow), I'll see if I can't replace those AVMXY shares. In short, I got extremely lucky selling when I did. I sold trading shares only. Forty thousand of my hoard are core shares, the balance to be available for opportunities such as surfaced on Friday pushing me to let go of some.
But this drop certainly hurts---in the ego, that is. At the same time, I'm comfortable that this pick isn't going to drop into a state of ruin. This company is the real thing and nothing will deter me from continuing to be a believer. I'm holding 60,000 shares of AVMXY and expect to be adding in the next couple of weeks.
I admire you for adding now, by the way. It takes courage to stare the devil in the eye as you're doing. Bravo!
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