I was worried about you because you threaten to bang your head against the wall for the mistake of selling your ALU shares last August 28th, if I am not mistaken. please please don't even mention that again.
.Good news is that you made a 265% cash profit.
Gov't shut down or not,ALU will not tank.
Bad news is that you might have to chase ALU to get back in.
Mkt advice would be to lock in on half.......let the other half ride.
ALU will continue to @ $5 before /after 3Q E/R.
Too much good news to ignore.Technicals indicate an upward trend.
Sentiment: Strong Buy
Eeeeeew...:/ Wish you could see my face after reading your post. I know so regs around here that went your route... They aren't exactly the happiest campers. Nothing wrong with taken profit! You just won't maximize on it this way... GL.
Ahotride, don't feel bad when the pumpers like brew indicate that this is a bad move to take profits only to fulfill their self interests. You can see them all over the board, thinkpad, ect. I made 200% going long. Took profits and shorted at $3.61 and covered today. While, others are claiming mergers, and big profits, I will make $ playing the swings. Adios amigos.
Seems like a bad choice to me. Not possible for you to have 265% profit and have held it for more than a year. In fact, it would be coming up on a year and therefore capital gains if you'd just waited a few more weeks. The only way your sale was the correct move is if you earn so little you don't pay taxes anyways or if the correction is like 10% or more. Or I guess if you not only sold but shorted it here the correction could be less for your move to pay off.