Higher interest rate expectations. Plus, utes had made a real nice run last year before this.
I think I will hold on though. I don't have many income plays in my portfolio.
Damn this thing's been nothing but up lately.
I got out at .85 when the deal was announced.
Big mistake, shoulda held and got out now.
I got out last at 2.77 last March and two days later it shot up to as high as 3.88 and I was angry at myself. Now I am glad I am out even though I cost myself as much as 40% by selling a bit too early.
I am long but shorting is fair game.
Just don't over invest in any one stock and you'll be ok if the company's sound, no matter what the shorts do.
I think water is gonna be an increasingly big deal going forward. Yeah you might see a briefly pullback after today, but I think it's gonna be a double or triple when you look back in 2 years.