The Round Table: A work by the squares of the SNDK thread. Message Board

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Strategies & Market Trends : The Round Table: A work by the squares of the SNDK thread.

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To: Diamondhead who wrote (44)	3/14/1999 4:05:00 PM
From: Bill Zeman	of 194

Kevin I have a rule of selling at any time that I think the company is no longer the future big money maker that I thought it was. As far as the winners like IDTC and SNDK go, I make a rule of selling 1/2 my shares when I have doubled my money. This way I am still in the stock I love, but only with pure profits. This way I have already taken some profits too. It is a pity to do so good in a position that you double your money and then end up making nothing or very little. It is also a pity to sell out of a stock that you still like and then watch it sky rocket to new levels. This method solves both problems, and gives you a clear cut, unemotional way to make your decisions: both of which are critical to investing so that you can sleep at night. Bill Zeman

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