I'm curious when folks know it's time to sell a particular investment?I usually have a common response to this question.... something like when it becomes overvalued based on a value calculation that I've done for it. As time progresses and results come in, I modify my value calculation accordingly. This is of course when the stock is going up.But just last week I've run into a new situation. I stock I own, CULS, has been taken over by day traders and momentum 'investors'. It usually did 30k shares in volume on a good day. yesterday it did 2.3 million. ridiculous. Last wednesday you could have bought for 3.35, yesterday it hit 7.35. I thought it was worth about $5.50 or so. But I didn't sell at 5.50 because, well, I figured i'd ride the wave. And now i'm addicted to hitting refresh all the time seeing what the latest quote was. So yesterday I put in an order to sell some at 6.99, and it got executed. Shortly after that it started to fall. I've decided I will sell the rest of it today. Why? Because this silly stock has taken over my life the past week. I'm turning into a trader and not an investor. I posted on the "short term trading" board for the first time asking about how long to hold it. This isn't me!So another good answer -- when a stock takes over your life or changes your investment style!Cameron
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