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07-05-2014, 10:05 AM
Probably buying in anticipation of good Q1 result. Once it hit $0.20, every tick is $0.005, it will become very interesting.
Some of you may be tempted to sell at this level, especially if you are sitting on huge profit and its form a large portion of your portfolio. I understand how it feels, but I am sitting tight. Mr Market don't know and don't care about Penguin size in my portfolio. It will continue to revalue Penguin according to its financial performance and its outlook, which is increasingly looking better. So why should I sell just because it has formed a large % of my portfolio due to its price surge?
Some of you may be tempted to sell at this level, especially if you are sitting on huge profit and its form a large portion of your portfolio. I understand how it feels, but I am sitting tight. Mr Market don't know and don't care about Penguin size in my portfolio. It will continue to revalue Penguin according to its financial performance and its outlook, which is increasingly looking better. So why should I sell just because it has formed a large % of my portfolio due to its price surge?