There have been very few stocks that I've ever bought and held over 1 year and was able to claim a long term capital gain and I've been doing this for at least 30 years, back when you had to call in an order to a broker, then touch tone trader came along! Wow, touch tone trader, you could punch your symbol into a touch tone phone by the way, (had to be a touch tone phone) and buy and sell stocks like that, seemed like the greatest thing on earth, of course dial up internet came along and you could finally buy and sell stocks on the internet, barely! Enough of that, fortunately, the couple of stocks that I did hold over a year are the ones that I made a lot of money on, at least for myself it was a lot of money.
You mention that gut feeling, that doesn't come along very often, at least for myself and right now that gut feeling is leaning towards a long term hold, depends on what develops over the next 3-6 months. If someone like blackrock gets involved with FPFI that would certainly make me rethink how long I may hold this stock. A lot of good things would have to happen and they could, just have to keep an eye on all of the developments and then judge for yourself what you think those developments will bring in the future!
Again, good luck to all and have a great weekend!
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