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Technology Stocks : JDS Uniphase (JDSU)

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To: Jane4IceCream who wrote (23850)11/4/2005 9:17:02 AM
From: carranza2  Read Replies (1) of 24042
 
Ditto. Unloaded 50% of my position yesterday at 2.39 from 1.53. Will ride it a bit more, but don't think I'll be around for 3.00. A 50+% profit in 2 months is very respectable.

Wish I had bought more, of course, but this is a seriously volatile thing, very risky.

As a fledgling investor--we are all fledgling investors no matter our experience--the hardest thing for me to do is to determine exit points. So, I've been conservative lately, dumping portions of appreciated positions to protect profits and capital instead of trying to find some "highest" point at which to sell. Compared to the art of selling, finding undervalued stocks is relatively easy given the tools that are available, so I am a conservative seller these days. Has worked well so far.

No one ever went broke taking profits.
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