Congratualtions my friend! You see, I knew I wanted to help you out. This game is fun, isn't it? That's why I don't understand all these cynical, bitter types around here, and why I shun them. They are obviously losers. And that can be contagious!
As for that thorny sell decision. I plan to get out at 22, which I think it will hit in a week or two at most. (And keep in mind that I usually buy and sell too early because I try to be cautious.)
It's a personal thing. If you want to cash out now for a quick $3,500 in three days, do it man. Treat the family to a nice dinner this weekend and toast me while you are there.
I am fairly sure, though, that you can sell for a dollar or two more next week. And there is little downside on this stock, because it has a great long-term story. That is the beauty of it! You could keep this as a long-term hold.
In fact, I am reasonably sure that if you sell today or next week, two months from now when this is at 28 or 30 you will be thinking, damn, look at the money I could have made.
But Mr. Bean, I already know that you are the type that knows better than to torture yourself with coulda, shoulda thoughts. And you definitely know that the stock market is the last place to do that. If you are in the market, you are always going to be doing things at the wrong time. As long as you get close to the right time, though, and do it consistently, that is what matters.
Isn't this game fun?
Happy Investing!
Vanni |
