For the last couple of years I had it in my mind to sell if PME got to $50 but now we are here I am now on the fence as to whether I should sell or continue to hold. I suspect that there are more contracts to be won.
Having gone up more than 60 times in the last 7 years the question becomes would the $$ be better invested in another company that may double or triple in the next few years. As stellar as PME has been it cannot keep on such a steep trajectory....
Having bought in 2014 at 78c I have sold 2/3 of my holding over the years so have banked considerable profits along the way - whatever I do will just add to those profits...
PME Price at posting:
$50.10 Sentiment: Hold Disclosure: Held
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