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"So, your questions are harder for me to answer. You have done too well too fast! You will be penalized by the government for this great work. Please go back and read the story of the Little Red Hen. It is very applicable here."

- I do like that story, so much so that I stole it and posted it in a different forum to get some other perspectives

After working full-time for a few years, I went back to being a student as of February, when I moved to Australia to pursue my MBA, so I'm guessing I'll end up being in a very low bracket as I made less than $10k this year.

My problem with LOGI, especially after a huge gain like that, is to wonder whether the stock is overpriced and may not move much in the next year as earnings catch up with stock price. S&P has a 12-mo target of $40 with a buy recommendation (was a strong buy till the 23% one day gain)- the P/E ratio has typically fluctuated between about 14 - 26, the current P/E is almost 30- the last time it was that high was in 2003.

To me, I can't see it running up much more in the coming months, but I said the same thing about Amazon, which is sitting at a YTD gain of 120%+ and a P/E of 103. If LOGI gets to $40 in 12 months, that's a gain of about 15% in 12 months- not stellar but not bad. I'd be comfortable selling now and looking for another idea, but I don't want to irrationally sell early, which is why I put the 8% trailing stop on.
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