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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (25018)5/15/2001 7:33:41 PM
From: Sergio H  Read Replies (1) of 29382
 
Ken, nice pick up on XRTM and I agree on your sale. XRTM carries some risk due to the majority of XRTM's sales are to one customer and because too many shares are held by the largest holder, a mutual fund with a large portfolio turnover.

I think that the latest round on the long term vs quick trade discussion was initiated when I bought 3 stocks for a 6 month to a year hold...AVL, GOU and NAFC.

Sheesh Ken, I've traded these three stocks at least a half dozen times, but I've kept my core holding. Sometimes adding trading shares can work out very well, resulting in retaining the core holding in your porfolio for free.

Bottom line:
Nothing wrong with taking profit on a trade.

Sergio
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