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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: bucfan who wrote (22570)7/25/2006 3:31:58 AM
From: Paul Senior  Read Replies (2) of 37387
 
bucfan, I sold my VYPCF shares today because I couldn't see the advantages of holding Lundin over any other small oil stock.

My Valkyries buys were between 10 and 13, and overall, I'm taking a loss.
Sometimes, for me, the wrong timing which leads to losses colors my outlook. While others may applaud the buyout, for me, perhaps I'm wrongly fixated on my purchase price. I see the buyout as a takeunder because of the prices I paid. VYP management sees the approx. $11-12 price as a good deal apparently, and Lundin must value the company above the approx. $11-12/sh. price they're willing to pay. For me, I'll just say I made a mistake in overpaying, and I'll move on.
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