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Technology Stocks : Dell Technologies Inc.
DELL 129.98-6.2%Dec 12 9:30 AM EST

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To: LWolf who wrote (62126)8/29/1998 10:33:00 AM
From: Sig  Read Replies (1) of 176387
 
Laura:
<<<who would sell their shares before the split?>>>
I have in the past bought many diff companies to participate in the splits.
The general rule is to sell the day of the split,plus or minus one day. Sometimes I violated that rule because the company just looked SOOOO good, and lived to regret it.That's probably because one develops an excessive positive attitude and arguments to keep it as it has been doing so well.
Best bet seems to be to sell it, then if it does continue to do well after the split to buy the shares back if you still like it.
I never use this rule on Dell because of taxes and because it
only takes a few weeks for it to be going up again after the split.
Today's market forces are overwhelming what Dell could do in a stable market, so it important to guess right on bull or bear for next few weeks, which you can do as well as anyone as its about 50/50.
This may be of no help, as I am not a trader, but many people
who got off the Dell train had a hard time getting back on it.
(If you are in at $105 I think you will not be able to get back in cheaper)
Regards
Sig

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