In my previous post, I wrote an article about how the market has been surging since the Brexit event takes place. It is indeed very surprising to me as with anybody why this is happening. This could very well be the start of a secular bull run continuing their rally since 2013.
During this period, I've divested a few rounds of FCT since I'm uncomfortable with the run-up. First, I divested my earlier stake of 7,000 shares at $1.985, and then today I divested another 8,000 shares at $2.11 and another 10,000 shares at $2.12. As of writing, I have NIL shares in FCT at the moment.
By divesting these shares, this is a part of my strategy to protect both my capital and profits and the proceeds would go to my savings which would be deployed upon available opportunity. Since Mr. Market is irrational in nature, ...