As I said earlier, I don't like to discuss my winners because I don't believe it's helpful.
...if these metrics have affected the stock price or was the price change simply due to the market tide. I'm mostly just using basic value metrics in value vesting -- p/bk, p/sales, p/e, roe, etc. So of course if the market rallies or just the particular stock does, it's the stock price that affects the metrics, not the other way around. And if the "p" gets high enough the metrics become less attractive, and eventually I'll want to be a seller.
Looking at a sample of my 50 past gain sales, it looks like I sold 3 (6%) because I primarily just got tired of holding shares; there were 2 (4%) takeovers; I made 16 (32%) sales for a combo of reasons -- fear of losing a profit played a part; and 29 (54%) primarily because my expectations were met (revert-to-mean; stock price made metrics unattractive).
For stocks I sell at loss, I sometimes provide a reason, or it can be inferred if from whom I'm replying too if we're both exiting the stock. The reader ought to be able to figure out why I might be selling. Maybe not agree with the decision or the reason though.
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