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The move up yesterday was enough to trigger a sale of 10% of my current holding. Those shares were purchased back in May at $37.14 so carry a +27% LIFO gain with them. (That's even better than the dividend) It also gives me a slight cushion of cash now in case MIC cycles downward once again.
My initial buy was at $64.50 back in January. After that I had three buys under $39 which helped the average cost per share quite a bit. Those three additional buys nearly doubled my initial position.
Macquarie Infrastructure Company (MIC) | Stock Discussion ForumsShare