My whale of a position turned into a marlin.
But a marlin is still quite a fish.
Something was fishy --- or so my gut feeling told me, and I sold 70% of my position last week. (Not Friday p.m.)
My gut feeling bats about .750. Since I still have a marlin of a position, I hope I it's wrong.
When I enter a speculation, I do not make it one of the leading positions in my PF unless I know 100% the
underlying resource is there. I can wait years through snafus, complications, etc, and not worry because I know, one day, the value will be realized and profit made. My DMX investment became too big for the risks I perceived.
I'm still long, I still have shares, and I'm rooting for this as much as before --- just a little more comfortably.
I hope the HMS Dimethaid has smooth sailing from this point on. There is a case to be made that we are seeing a bit of a capitulation. (There are a few contradictory cases to be made.) But if Dimethaid does hit rough (rougher) seas, and there is NOT a good case to be made against WF10, I will be watching closely. --- And that marlin may become a whale again before the summer's over.
Boy, I'm in a nautical mood! PF taking on water? --Sorry! No more 2nd rate puns!
I must be dreaming of a beach (113F yesterday).
--AZ |
