Q: Peter,
TOL keeps falling nearly everyday and now my position in TOL is at less than 50% of my purchase price. Based on their resources, production and other facts, it is poised to be a good takeover candidate, but the price is a matter of concern and does not move up even with positive movement in either oil or natural gas prices. What should one do in such a situation. Buy more or sell and get out. Thanks
TOL keeps falling nearly everyday and now my position in TOL is at less than 50% of my purchase price. Based on their resources, production and other facts, it is poised to be a good takeover candidate, but the price is a matter of concern and does not move up even with positive movement in either oil or natural gas prices. What should one do in such a situation. Buy more or sell and get out. Thanks