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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Stock Farmer who wrote (54508)10/29/2003 4:22:55 PM
From: Thomas Mercer-Hursh  Read Replies (1) of 54805
 
What's wrong with selling the investment (or a fraction of it) when it has met or exceeded our target return?

Nothing wrong with it ... but if one believes it is still a good stock for the future, why sell it? If one believes one has a better place for the money or believes that the future is not as promissing, then sell, for sure. If one wants to rebalance, then sell for sure. Not that there is anything wrong with taking the profit and going elsewhere, but shouldn't one have at least as good a new place to put it?
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