Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MCsweet who wrote (18903)	3/19/2004 7:57:09 AM
From: TimbaBear	Read Replies (3) of 78507

Here's an idea about selling. Ask yourself if you didn't have a position would you be comfortable buying the security at these levels? If not, then you should think about selling at least some of your position (say perhaps 1/2). This system sometimes works for me as a reality check of sorts. However, there have been times when I have not been comfortable adding to a position but felt the time was not right to sell. An example (that seems to happen with some regularity): I have a choice of seizing a perceived opportunity in a new-to-my-portfolio company that is clearly underpriced currently or, alternatively, adding to my position in a company that has moved up out of my definition of being underpriced, but the price is still increasing and all other barometers are still positive (still executing on plan, still as profitable, etc.) In the above dilemma, I may be able to quantify how underpriced the first choice appears to be, but have no reliable manner of determining how high the price of the existing position might be taken. I would take on the new position and continue to hold and watch the existing one. Timba

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next