Woohoo. Closing in on $11 is simply unbelievable on a significant line of stock.
At over 20x, I am starting to take profits and adding to my defensive asset allocation. Have been a modest seller in the $9 -$10 range with absolutely no regrets.
Am a long term believer in Amanda and in the company and in the sector, but 20 birds in the hand is just too much to ignore and irresponsibly greedy for me.
Each investor should assess their own position and take action that they can live with. I don't need a $15 handle to be happy, but would take a dim view of my own skills if the price of LYC (or anything else) fell significantly from here, and I had not cashed in in order to buy.
That is just me. For myself it is risk management. As a LT holder in the pre-consol days when the SP was 4c and the convertible note holders tried to dilute LYC into oblivion, my memory is either my best friend or worst enemy.
Good luck to all SH, this business has never been in better shape, in better hands or in a better energy environment than it is now.
LYC Price at posting:
$11.05 Sentiment: Hold Disclosure: Held
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