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Mercantile Bank Corp. Message Board

  • keeperoftheq keeperoftheq Nov 11, 2010 4:31 PM Flag

    Nice ride up these last several day.

     

    i almost hated to do it but I had to sell some shares from Roth IRA and take a nice profit. This has come to far up way to fast. Last time it did this I did not sell even one share and watched it drop back down to $4.00.

    Don't get me wrong, i love the bank. i still am holding shares in taxable accounts that i will continue to hold.

    If history repeats iis self, & we go back down around $4.00 I will back up the truck and load up again.

    I know it is a agmble but when a stock heads up that fast on no news, then the odds are i will have a chance to buy even more shares back then I sold.

    If I am wrong, i still have a sizable amount in my taxable account to make money on.

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