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.
Technology Stocks : Cymer (CYMI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Metzer who wrote (17709)5/23/1998 6:22:00 PM
From: pat mudge  Read Replies (2) of 25960
 
Does anyone out there have a method they have found useful for taking profits from a
company in CYMI's situation with fantastic potential down the road but uncertainty for
the near term quarters?


Gary --

I find myself in your situation almost every day. My only solution is to take profits in a portion and keep a core position. I did that in CYMI. Kept about 20% and then started watching it like a hawk. I still don't have a full position, but don't think there's any mad rush, either.

There's a lot of wisdom in the adage, "Sell when everyone else is buying and buy when there's blood in the streets."

This time I bought when blood reached my feet. Zeev waits till it hits his knees. :)

If you have to choose, listen to Zeev.

Later ---

Pat
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext