Did sell some KCS today. I know 2 or 3 days too late. Probably was trying to catch a falling knife, but of course after I did sell them, the price went up. I purchased most of them around $5. So I was thinking to sell 20 of them. If the market would drop more, I would buy those 20 back and make a fast profit. But if the market would go up again, I could take some profit.
With a selling price of $9.915 there are worse things in life. Now I will wait a few days. If the market drops more, I will buy them back. If the market goes sideways or up again, that almost $200 will go back to real life.
Cheers, Peter