Fellas - we have 3 stocks trading at their 52 week high. Just want to open discussion on this in case some of you weren't aware. I suggest we all look at them over the weekend and see if we want to stay in the game or sell/rebuy on next dip.
AXAS, IMAX, WTR - all are trading at or near 52 week highs.
-PREZ
1 comment:
I agree with Flynny and think we should sell IMAX for 16% post-commission profit. When we voted on it in the spring, it was with the intent of riding out the summer 3D season and we've done that successfully. We projected growth and we scored. I motion to sell IMAX.
Contrarily, we should hold WTR. It's a utility that has thrived despite the economic climate with no sign of decline. It is not impacted by the seasons and shows strong growth and earnings. It's the only holding of its sector in our portfolio and is a sign of strength. I motion to hold WTR.
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