Phillip,
Sound advice, and thank you for your response.
I did sell today at 27 1/2, and will consider reentry in the 21 range unless a better opportunity presents itself. I am afraid that this market has turned me into more of a trader than an investor with my "play" money. I've followed APCC since it went public (I live in RI, its HQ state, and the local press pays attention to the company)
I was lucky to get in last year at 9, and out in November in the low 20's (my target, but I also thought the election would tank the market, I was wrong but no regrets). In again this spring at 16 (which was also your idea, actually) and now out for the time being.
To all: read Phillip's recent posts - this does not mean I don't like APCC, I just think the $ could work better elsewhere for the time being. Over time, we all can make $ on this stock (short, long, or on the sidelines, for now).
Off topic to Phillip - any wisdom to share on APM, or the disk drive industry in general? (I'm long APM).
Thanks,
Bob |
