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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: tekboy who wrote (13299)12/25/1999 10:30:00 AM
From: Mike Buckley  Read Replies (1) of 54805
 
My guess is that Bruce's friends did the right thing in selling their stock. They were uncomfortable with making so much money in such a short period of time with a company they don't understand. If I were to play armchair psychiatrist I would probably come to the conclusion that the unspoken part is the most important -- that since they don't understand it they fear the stock can fall as quickly as it rose. That's as good a reason as I know for selling a stock, not that it might fall but that they don't understand the company. And not understanding the company, their fear that the stock might fall is especially valid.

Done stating the obvious.

--Mike Buckley

P. S. Bruce, good wine is far more important than carpet. Don't worry about it. :)
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