Re stocks: Have sent you a PM with my ten best stocks and notes. When times get tough, faith is needed to hold most any stock. Shareholders in Brka put their trust in Warren B. Can stay with proven winners, Kemble, Pat, Michael, Mort. Michael bgt 4.16 mm Dell in Sept.has 345.3 mm total. Mort bgt 158,260 Dell in Nov- has 286,301 total Mort has 184,608 Ally-gone from $6 to $56 Mort has !,597,200 Brli some bgt around $3 or 4. . Toss in my own Geacf (up 230%) , some sugar and spice -Kkd, Gnss, Tsco, Bprx Total equals Ally, Dell, Bprx, Brli, Kkd, Gnss,Geac,and Tsco. Many of these are running at 52 week high-is it time to take profits? Cant answer that, but I take some profits when my buying lower is too low just as matter of comfort,avoiding margin call..Try to buy back lower. Selling because a stock is up, or had recent gains is not a good reason. We could sell all 8 of these and then whats next? Some will continue to set new highs and we miss the big gains. Trying another mo-mo stock is risky -trust me, there was much work and experience and luck in finding these few. Regards Sig Snow in Utah? Must be getting ready for the Olympics. (Took profits on 100shs Dell once when it went from $20 to $50. Made $3000 (150%). Today that 100 shares is worth $179,200-to someone else) |