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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (23430)2/23/2006 4:36:24 PM
From: Paul Senior  Read Replies (1) of 78555
 
Madharry, SIL: For a price point to sell, I like to have something to key on. Usually that's something historical - high past p/e, high past p/sales ratios, high price to book. Each situation is different of course - a particular stock could be in a new and/or different growth phase (moving from value to growth), so keying on past metrics wouldn't be the optimum tactic. But still, maybe okay especially if one begins to sell on scale up.

With a stock like SIL, with a long history of no earnings or even price/sales (from what I see), it's no wonder that determining when to close the position is difficult. (It was too difficult for me to even buy the stock when it was first mentioned here.)
Whatever your decisions though, it looks like it'll be in the profit category, so congratulations there.
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