Prophet ...
In this past year, I have learned a lot from Rande, and I think you have to remember a few things -
* If you have stock in LPTHA as a long term hold, then trading extra shares is OK, but don't trade your core holding.
* If your reason for investing in LPTHA was a momentum trade, or any other type of short term trade, then selling half and keeping half would be the prudent thing to do!
**** The key is to remember why you bought the company, what your plan was, and then to execute your plan!
For example, if you invested for short term and are now considering holding all shares for an extra few points, that is called greed and changing your trading plan - usually you will lose with this option.
On the other hand, if you like the COMPANY and the STOCK so much and wish to make this your core holding, then be prepared for a drop and PLAN to not sell at that drop - plan to not sell for at least a year unless there is a major change in LPTHA game plan.
I hope this helps.
Someone once said on this thread that to trade well you must first know yourself - I learned this the hard way - Others do not have to learn the hard way.
Plan your trades, Trade your Plans. Have core holdings and short term holdings and know which are which!
Hope you can do something with this info!
Paullie |
