Originally Posted by
Goldstein
A bit of perspective couta1:
SUM has risen 40% this calendar year, even with the QPE sell down.
Investment = capital + time. If you believe in your investment couta1 (and you sound like you are exposed to the industry) then I would not do anything rash. You say you don't care what the market is doing, but then you say if the SP isn't about $4 by March you will pull the plug. If SUM continues performing and the SP goes backwards they will end up being a takeover target. The management are doing a good job at increasing the value of the company - it's just not reflected in the SP of the last week. The SP is voltile at the moment.
I'm over committed so can't make use of the current prices, but you can't always pick the dips.
The number one rule I have is to set your strategy (with appropriate stop losses) and then stick with it. Take your emotion out of it.