FYI, I sold a small position today just under $14 to buy FGL at $5.33. I am still positive UGL, but I thought that I would add one more out of favour stock to my investment portfolio. I now have 15% of my capital behind UGL (my other 2 big holdings, BKL and ARP have moved as much as UGL since my initial investment) and 7.5% behind FGL. I have the same amount of confidence for both and thought that diversifying a bit more would be prudent. I now have 6 companies in LT (which is avg diversification for me). I am not one to own heaps of companies as I can back my assessments to find a few of the best!
Good luck.
UGL Price at posting:
$13.97 Sentiment: Hold Disclosure: Held
