I’m taking some profits here after the nice run that has taken place in $CBI since I added to the position on January 31st.
I sold about 23% of my position at 54.13 (from 50.85) for a nice little gain. Thus far I have been letting these positions run, but starting now I am going to start taking off small parts when they are showing a profit as a) a little bit of protection and b) to lock in some gains. I will look to buy back those shares I just sold AND MORE on the next favorable dip.
-EM
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