Hi geffa. Always good to take profits. But just my thoughts and calculations are:
Close to year go ISD has over 50 m debt. Exactly same business with lots of uncertainty. Business write off etc. The SP then was $1.00..
Currently debt down to 28 m n possibly going down in the future. Business much more stable n outlook has been maintained. No real risk or uncertainty regarding the business. Management is confident so far...so why would you sell for 50-60 c...
I mean with my experience, we always hold long when we are in red and goes down, so why sell with just little profit...let it run...or lot of investor would also free hold n take their investment out.....tht wouldnt hurt...make the most.
Another question is ....is there a better risk free investment than ISD...if there is one ...then one can keep profits here n move the original investment....
Plenty of options. Good luck with your investment. Above is not a financial advice . Just my thoughts.
All IMO
Arjay
Add to My Watchlist
What is My Watchlist?