04-15-2015, 10:00 AM
Well I just let go of my position in PM. The long term risks are just too big in my opinion. On the short term, the quarterly report will come out tomorrow and while I don't think there will be any massive surprises such as the possible dividend cut so many analysts love to keep talking about, I think the strong dollar will have a pretty significant impact. I've been pondering about selling for a long time and decided I'll do it before the report comes out. More about risk management than anything else, I'm satisfied with the price I got today. Tomorrow we will see if I made the right choice in selling today instead of tomorrow.