TWX - Sell

Chart of TWX as of Sept. 9, 2005

Sell Price
$18.45 US

Company
Time Warner
Time Warner, Inc. operates as a media and entertainment company. It operates in five segments: America Online, Inc. (AOL), Cable, Filmed Entertainment, Network, and Publishing. AOL segment provides interactive services, Web brands, Internet technologies, and e-commerce services in the United States and Europe.

Reason
One of the few times I sold a stock even though I think it will go higher. The problem is, I was losing more on the weakness of US currency than I was in the appreciation of the stock. (hurricane Katrina doesn't help the US dollar much) As I also have Brystol-Myers, I decided to play it safe and unload some of my US holdings in case the Cdn dollar does go to par of the US dollar, as some are predicting.