a few things:
1) when you're talking about stocks, never reference Jim Cramer... its an easy way to show that you're completely clueless about anything market related.
2) if we're going to play your silly stock comparison... most of us have been invested in CLHN for 20+ years. we've been thru one of the greatest most unlikely bull runs in the history of sports stocks with him in that time. we've been so rich and blessed by our investment in CLHN that it's literally impossible for us to lose. we're all rich forever from the dividends CLHN has paid us thru those 20+ years
3) you really mentioned Jim Cramer, lol
During Cramer's tenure his fund from 1988–2000 he had
one year of negative returns. In 1999 his fund returned 47%, and in 2000 28%, beating the S & P by 38 percentage points. Cramer retired from his hedge fund in 2001. He finished with a 24% average annual return over fourteen years and routinely took home $12 mill a yr and more. So unless you think these returns are substandard you my friend know nothing about the market! LOL
It is worth noting though I was just making reference to his stage persona with the "SELL SELL SELL SELL" comment as an obvious figure of speech for the well informed. The actual seller of the stock would be me!
Being a dividend investor and holding forever is a rookie mistake in this case (that would be you). When to sell ultimately determines if you are a successful investor. "Impossible to lose"? That is another rookie mental mistake. Taking profits is key and the company CLHN is clearly no longer a dividend producing stock. The B of D would have slashed or eliminated the dividend at this point. I already clarified we shared some great bull runs. Here is the thing...
DON'T FALL IN LOVE WITH A STOCK. That is a true rookie mistake again.
When the dividend is cut or suspended however, my goal of generating an increasing stream of dividend income is no longer valid. Thus, selling my whole position in CLHN is the best decision to make.
The stock CLHN would take a very small portion of my portfolio if any, relative to other positions. I may buy back at a cheaper price at a later date. If I owned any of CLHN I would
sell call options against the shares I own to generate monthly income.