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re: Stocks on your watch list
Posted on 10/12/20 at 8:46 am to supadave3
Posted on 10/12/20 at 8:46 am to supadave3
quote:
but probably going to dump half my Sasol while I can still make $2/share profit and put it somewhere else.
I keep going back and forth on what to do with SSL. Why are you thinking this is the ceiling? It was at $18/share in January.
Posted on 10/12/20 at 2:34 pm to Drunken Crawfish
quote:
I keep going back and forth on what to do with SSL. Why are you thinking this is the ceiling? It was at $18/share in January.
I don't know enough for you to be asking me for advice. I want to make that clear. I bought in when it was $4.50 a share and watched it steadily climb to $12 then start falling again to what we've seen the last few months.
My thoughts are that my money can be making something elsewhere instead of sitting here waiting for Sasol to rise again. I've read that they are about to sell off a plant which will greatly reduce debt load, and LC is going to be back up and running again soon. I think the future is relatively bright down the road, but the road is much longer than I thought.
I'm still keeping a decent percentage of Sasol, just don't want it to be my largest holder anymore. Take my $2 share profit which a chunk of it and move on. I may regret it, so I'm not trying to talk anyone into following me.
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