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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: gulleyjimson who wrote (41549)3/1/2011 9:57:18 AM
From: gulleyjimson  Respond to of 78821
 
Sold a little too early.



To: gulleyjimson who wrote (41549)3/1/2011 12:41:52 PM
From: Paul Senior  Respond to of 78821
 
SSN. I've sold a little here. Just my nervousness. I hold this stock in ira, Roth, taxable accounts. It's among my largest positions in terms of cost basis (monies I spent in acquiring shares), and largest now in terms of dollars of total portfolios. Disproportionately large.

I'm not a believer in selling below fair/full value. With SSN though, I'm not sure I have a complete enough understanding of what fair value is at this point. (Need to see SSN publish more drilling results.) The stock's run up so much so quickly...and given that I own so much (relatively), selling shares gives me some psychological relief.