Over a 100k in unrealized profit, plus about 40k realized trading it along the way, makes it an easy decision to be happy to hold.
Taking everything in along the way (as you should) you'd expect if things weren't as they seem then perhaps "unexpected delays" would be the order of the day around about now...wireline hiccup, drilling rig breakdown...something like that which, depending on the circumstance, would take away the momentum and create a slow drift downwards enabling, either, acquirers to acquire cheaper or distributors to keep on distributing for a little while longer.
Trick is working out which one I suppose.
Certainly very comfortable holding and still expecting the best...but never discounting scenarios that could forwarn of other directions.
I'm sure there are other happy holders in here too, who follow the same doctrine
GDN Price at posting:
0.0¢ Sentiment: None Disclosure: Held
