Sell @ $4.95
Decided to take some profits. Using Financial Engineering, will be recognising the sale for my most expensive buys @ $4.88 $4.85. Gives me the flexibility to buy back at higher prices on any drops as the existing holding can easily average it down. STI is weak today, likely affected by US overnight drop due to a likely earlier rate increase within 6 mths. Possibly, also China's continued mkt correction…
As this stock is part of the ongoing Yield Rotation Strategy being used, I may not be buying back and may switch to the next target eg. SATS (which'll release results tomorrow). 😀