Ann: F18 First Quarter Results Announcement, page-53

Was just thinking of this earlier today.

Then I realised just why I first purchased the stock at $160 and $150. I actually had conviction and ran the numbers and knew BKL was a dividend paying, $200+ company.

As the SP dropped, I started to forget why I bought these in the first place (doesn't make rational sense!)

I'm reassessing the company and my position, but I don't have as much as you so I'm most likely sitting in for the ultra long haul (i.e. 10+ yrs).

If I were you, holding that many, I would reduce my holdings and take some profit between $180-$200. Just IMHO.