There is nothing quite so nice as selling at a profit!
A couple of days ago I sold some companies I had "gone off" a while back.
5N Plus Inc., is engaged in developing, and producing metals and compounds for electronic applications, including solar modules and medical devices.The Company focuses on specialty metals, such as tellurium, cadmium, germanium, indium, antimony, selenium and its chief customer is First Solar. It had peaked, and then pullled back considerably after announcing good but not earth-shaking earnings .
Mosaid, MSD had also risen 30% in the time I have held it (maybe a year...same as VNP) and although it will probably continue on up, I have lost my enthusiasm for what they do. So I took my profits on both of them. Now if they go on to quadruple, I will gnash my teeth, but at least for today, I am happy that I have culled some of my holdings.
I have not been enthusiastic about the markets lately. I read the news, and I've always prized the investing exercise because I have always thought of it as representing "skin in the game" of " history as she is being made". Lately, there has been so much speculative volatility that it just isn't any fun. But selling some things at a profit reassures me that there may still be some things of interest to me. A lot of things are changing.
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