Cascadia Investments Inc (fka CDIV)

[Ole Broke Azz]

I got a PM this morning as to what my move would be and this is my reply

Ole Broke Azz
Saturday, October 30, 2010 10:04:45 AM

That is a tough call and if I was in your shoes it would probably be a question of my emotional state. Here are what I consider options in a case like this but keep in mind I don't know what I am doing half the time

You could just sit tight and pray

You could double down at this point and come up with a .09 average and just sit tight and pray

You could look as your current position as a seperate entity and start trying to lower that cost average by flipping a seperate CDIV position. The trouble with that is you are not sure this is the bottom.

After all of the above thoughts, I think if it were me I would be on the phone calling Monk, or the CEO, or someone to hear what BS they have to say, knowing that at least 60% is going to be BS. Then I would consider the above options again.