Well ... after another day like that, if U are like me, U may feel the need to ‘debrief’.
After buying more @ Friday’s close (0.955) and more today @ 0.845 I am now done - ie. won’t buy anymore but will hold tight for the long run. I have no intention of selling (although I have said that B4 & subsequently sold a portion - see below).
As I’ve previously mentioned, I am a LT investor in PET, rather than a DT ... yet, there seems to be ‘Trader’ inside this ‘Investor’ ... I have twice sold 25% of my PET holding in recent times then bought back & now have the same holding as I owned on the way up to & @ the $1.60 high. Obviously the ‘Trader’ lurking within now beats up on the ‘Investor’ who insisted I only traded 25% !!
Obviously, I hope that’s it now ... gap-fillers will feel vindicated ... the shorters can now go long or get lost & we can slowly rebuild the SP over coming months/years.
For those that missed it, a couple of us have shared some views on the possible activities of the reportedly powerful American Alum in the thread Military Metaphors ...
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Well ... after another day like that, if U are like me, U may...
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