From MISFIT1:
“My only advice. Buy on these dips and sell the new shares at a profit. Then reinvest the profits until such time as another deal with NOT comes around. Sell the reinvestment and buy NOT again. Your portfolio will grow this way.”
I share the same view as MISFIT when it comes to taking profit and holding on for future opportunities. I my case I have invested the profits from NOT in ROF area plays. The question on my mind this morning is an obvious one. Do I sell a portion of my area plays to buy NOT at a discount price? I currently hold the following ROF area plays:
FWR (0.29)
PRB (0.60)
FNC (1.50)
SPQ (0.09)
BOL (0.34)
rosehill