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: Paul Senior who wrote (39596)	10/11/2010 11:31:26 AM
From: Madharry	Read Replies (3) of 78697

Some of the last posts brings back the old question of when do you sell a stock? especially one that is going up. Last week on Fast Money one of the guys recommended LVS at about $36. This was a stock that someone at the street.com recommended selling shortly after I bought it under $3. I had a huge profit in it and it was becoming a big chunk of my portfolio and I sold it in the $13-$15 range as an offeset to short term losses I had at the time. In retrospect that was a stupid decision but not as stupid as the one to sell AAPL after they announced Itunes and the stock ralled some 20-30% and seemed to be getting ahead of itself for a value player, that was about 1200% ago. So in support of teaching this old dog some new tricks. How do you guys decide when to sell? Right now I seem to have a few criteria of when to sell a stock. 1. When a hope for event just doesnt materealize and when I become disappointed with the company's prospects or management. 2. Portfolio consideration-stock just becomes to big a portion of my portfolio. 3. tax considerations 4. technical considerations- my technical indicator says sell. 5. I want to buy something else and need the money

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next