Hi Pitman,
I am not thrilled about pulling out of FSE. Yes it could turn, but I can't let emotions tell me that I ought hang in FSE till it pays me back what it owes me. I made the mistake of not selling up and buying SDL even though I recommended a friend to buy into SDL at 13 cents (while I hung onto FSE).
If someone was to begin a new portfolio today, there would be many stocks that I would recommend instead of FSE.
The whole market could be up for a real MAJOR pullback within the next month and whenever this happens, FSE is usually the first to fall and one of the last to recover.
I am with JohnHuiz's post in which he says " if FSE really has some solid figures on the table; there will be plenty of time to hop on later." If they don't, the average shareholder never gets first priority to the exit gate. I am playing it safe.
Kind regards
CT
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