SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (39610)10/11/2010 9:53:30 PM
From: Madharry1 Recommendation  Read Replies (1) of 78715
 
So you are saying that when the materialized event occurs if the stock doesnt move after two quarters you go ahead and sell the stock. I dont understand why you would do that if the stock is still a good value play. I had a friend who owned amgen and held it for 3 years before selling it. after that it went up about 30 times in the ensuing 5 years. a long time ago i owned a stock called subaru of america the stock i think was selling for about $6 the company was projecting enormous growth in subaru shipments to the united states. I think i owned the stock for two years, the projections were being met but the response in share price was somewhat muted eventually i sold the shares. within two years after i sold it the stock went from 7 or 8 and change to over $120. The lesson I hope I learned from that is that as long as a company is performing to expectation it makes sense to act like and owner rather than a speculator.

I thought you would list as reasons for selling something like the stock appreciation had come to far too fast and that it was overvalued by your criteria or that it had become too much of your portfolio. As it seems to me when you do peel off shares that is the reason most of the time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News