PET 0.00% 2.5¢ phoslock environmental technologies limited

Hi Edshan.I am selling and still list it as a buy only because I...

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  1. 425 Posts.
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    Hi Edshan.

    I am selling and still list it as a buy only because I have all my eggs in one basket.

    Time to redistribute my eggs, not time to sell. If I were not invested in this company I would be trying to buy in, Have to say also, that I haven't updated my Sentiment over the last 2 weeks. I think though, that having 75% of your equity invested in a company classifies it as a buy even if yo are trying to balance things up a bit by selling some shares.

    If this company reaches $5 or $10 I will still have a very large holding, much larger than I currently have in dollar terms today. Taking some profit along the way does not change my sentiment. It probably just means that I have been a little bit crazy (some would say reckless and I have to say I find it hard to argue with them) for the past 17 years.
    Last edited by redram: 30/05/19
 
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