Actually Lepanic I bought at 24.5 cents 300,000 and I sold them at 34 cents.
I also bought 800,000 Emeco at an average 20.5 cents and sold them at 30.5 cents.
I also have 800,000 IOF at an average 21 cents which I still hold and 1,000,000 GMG at an average 18 cents.
As you will notice I am substantially up on all of them.
I also had 300,000 FXL at 32 cents and sold them at 46 cents to which they then went ex div 3 cents and are now at 39 cents.
My experience over 30 years of trading across many bear markets is take the profit when you can and don't wait for the ex div date to come. The only one that backfired on is EHL which has continued to go up.
All I have suggested is a bird in the hand ... and this stock has nothing in common with EHL which I started buying at 16.5 cents.
SSM Price at posting:
31.5¢ Sentiment: None Disclosure: Not Held
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