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Non-Tech : Kirk's Market Thoughts
COHR 157.96-5.2%3:59 PM EST

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To: robert b furman who wrote (3971)3/30/2016 3:18:45 PM
From: Gottfried3 Recommendations

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mary-ally-smith
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Bob, thanks for the reminder "Never sell a put on a stock that you would not want to own."
But that is not enough, as I learned late in 2008 when C was put to me. It kept dropping and I took a large loss. I'm proud of taking that loss because C is today still under the price I got - 7+ years later.

Hindsight tells me I should have had a sell trigger after being put.

Another error we often see is try to make up for a paper loss with the SAME stock. Why not sell the loser and choose a stock with better TA
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