FORCE TO TRIM

XMC.TO

I force myself to sell some XMC this morning at $7.25, and I still have a fair position (5.1%). While I am still very positive, it has gone up by more than 35% since I picked it up in the mid of June and more 6.1% of my portfolio. It is not too far away from my ultimate target of $7.5. I believe it will have a strong quarter coming up and momentum is pretty strong. To replace, I picked some TIL.UN AT 13.. This one disappointed this quarter and normally I would not have bought. But this one has a yield of more than 11% here and I believe the distribution is secured. I will be happy with the 11% yield. Anything else would be gravy.