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Subject:  Sell ARLP? Date:  3/9/2019  6:59 PM
Author:  Arindam Number:  279663 of 282688

On Mar 6, TMF published a pitch for buying ARLP.

The technicals were poor, but the financial ratios weren’t worrisome, and the div was fat. So I put on a position and found myself in ITM by day’s end, even though the market closed down. Ditto the next day. ARLP gained; the broad market lost. Ditto Friday. ARLP gained; the broad market lost.

For a 3-day holding-period, I’ve made an unsustainable 246 bps, whereas a reasonable gain per market-day would be 6 bps. Do I cash in at Monday’s market open to capture that excessive gain, or continue to hold?

Your thoughts would be appreciated.

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