that was a very good gain, good trade. it would be great if we could pick the very high and low, however hate to sell something when it makes a new high.
would like to tell the Fording FDG.un story for the twentieth time lol.
bought Fording FDG.un (mainly because the Ontario teachers pension plan bought a large position).
like the coal story and bought at $26-$29 cdn. had a target of $42.50 -$45 in twelve months.
well in less than four months it hit $43, what a great trade, and sold could buy more later. sold 75% of the position.
stock split 3-1 and is now trading at $48, not counting ussually pays $1.80-$2 in dividends every 3 months.
still own 25%, never sell a stock when it is making a new high.....
believe I learned that lesson.
thanks
selkirk