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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (27061)1/18/2026 12:27:41 PM
From: Kirk ©  Read Replies (1) | Respond to of 27223
 
Your comment before was if you think it is a solid business, then hold for more gains. How do you know?

My comment is you really don't know in the short term... so it is good to take profits.

Taking cost basis out after a 10x gain is a no brainer to me now. I probably take even more out such as I have for LRCX. I have a huge position as it is even if I sold 2/3rds of my original shares bought at 33 cents split adjusted.

FWIW, I was offered a job running R&D and MFG for a smaller fiber optics company in 2000... I was happy windsurfing and was doing well on stock options for pay for a company that gave me freedom to invest and used my writing about investing to attract eyeballs to our web site. I did not take the job. Both companies eventually went under but both INDUSTRIES are very popular and profitable now. Fiber IS a HUGE deal now but those stocks suffered huge declines when the telecom bubble burst.