The BP disaster and revisiting the company’s debt load made me realize the risks on this investment are much higher than I had initially expected. There is plenty of upside on this investment, although I would rather be safe and accept a smaller return than take on unneeded risk.
We booked a decent gain on this investment. A return of 15.58% compared to a return for S&P500 of 10.66% over the last 10 months.
Cash will easily reallocated to a new investment with lower risk and good returns.