To: jhg_in_kc who wrote (531 ) 11/28/1998 5:32:00 PM From: hal jordan Respond to
That is a good, hard question. When to sell? I do believe this and other Internet stocks will soar on Monday, possibly more on Tuesday. This is my potential short term exit strategy: Sell enough MALL on late Monday afternoon to at least recoup my initial investment, some profit, and then let the rest ride. Same for NAVR. What if the UBID IPO bombs, or does not go as high as people think it should. That will rapidly bring down the price of MALL. The odds of that happening are probably small, but anything is possible. I have a business trip to fly out to near the end of the week and will not be able to consistently monitor my stocks. I view that as unacceptable in this market, with rapid up and down moves. Hence, my personal strategy to at least lock in some profit before I leave, assuming the market roars tomorrow.
