I sold out my entire position today. Late in the day at $50.16. I had a ton of shares and have been active on this board since December '07, so as you can imagine my entry price point was very low.
They say don't fall in love with a stock but man I loved EXM. I'm almost sad that my portfolio doesn't have the EXM ticker in it anymore. I made a boatload on this stock and will look to re-enter after some presumed profit taking. If the pull back does not occur then Godspeed to all of you.
Never feel bad about taking profit, especially after a day like today.
Congratulations on being proven right after many months.
I remember your posts defending against the stupidity of some of the bashers. You were good company through some difficult times with this stock.
I hope you will continue to profit from this experience and will also continue to participate on the board.
Thanks for the kind words. But you have always been the Supreme Poster around here. Your posts were very informative and well researched. I appreciate the time you took to prepare the posts. They helped me stay the course.
I have a feeling I will be back in the high 40's. If it doesn't get there then kudos to you.
Congrats to you Cross! Having sold half of my position at 37 and change, I've felt a little pain watching it run to 50. But I did leave half on.
I've been long GNK, DRYS, and EXM at different levels of exposure since early 2007. What a run.
You are going to miss the fun of Monday though - when they announce an .80 / share quarterly div.
Good luck and Go Pens!!
I just saw that it is over $51 in the AH! I do regret selling part of my position today!
However, no one ever went broke taking a profit! There are thousands of stocks to choose from. I get very nervous when a stock runs this hard. Obviously the pump it got on Fox helped. For the last 3 weeks I was completely stressed out because the shares were all over the place. I was fully invested so I couldn't buy on dips.
That is why I sold a good chunk today as well. I don't want to give this market any of my profits. I'll wait to see how this week plays out.
Good shot, cross!!! I am in with 1500 shares @ 34 and change.... I think we still have a little more to go... I am prepaired to hold thru Sep-- early October.... but great job cross. I hope you will still post on THIS board! I find your posts most helpful.
Are you still here trying to dup people out of their money? What is your prediction 6 months out? It's looking like a slow down. Oh! What was that? Just the sound of a new ship hitting the water every day. lol Don't those low scrap rates lead to more capacity? Did they dillute the shares and make a new share issue to raise capital like they wanted.