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Learning to Invest / Portfolio Management
|Subject: Opinions Needed||Date: 6/15/2012 6:33 PM|
|Author: koski19||Number: 6646 of 6725|
Here's the setup. I purchased a stock last month and as of the close today the stock is up 33.12%. The unrealized gain is $520. The stock is definitely in a uptrend with only slight consolidations and continued breakouts.
Next Friday 22 June the company is paying a dividend in the form of a forward stock split of 5-1.
Here are the points I'm considering:
1. If the stock starts a downtrend do I sell and take the profits before the split or do I hang out and get the stock split of 5-1? Hoping for continued uptrend after the split.
2. With the stock split I increase my holdings from 500 shares to 2000 shares a 400% increase. How do you think the stock will perform following the split based on the trend before the split, continue the uptrend or a pending reversal?
Just looking for opinions, not advice. Thanks in advance.
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