Sold off PohTC at $0.400 today, making a loss of 10% after dividends.
Reasons:
1.) My original reason for buying was because of the huge insider buy ups. This was a punt for a privatization offer or something of the sort
2.) PohTC is very cyclical and unfortunately I think I bought at the peak cycle.
3.) I don't like the low liquidity
4.) I think there is alot more downside to the stock market, better clear off some non performers to get ready to buy from a bear market.
I will be interested to buy PohTC again, in a bear market, with SCB (I had to sell down just now, I didn't want to run the risk of a partial fill). Definitely not at this price though.
I will be looking to sell off other counters, at the right price. If not, I'm about ......