I'm thinking about selling my holdings, but don't really have any good reasons other than I've made good money on it. I haven't kept close tabs on the latest with Macromedia either but I do have an opinion about your intention of selling just because you made good money on a stock. If you're uncomfortable with the risk, sure, cash out of any and all stocks. But if you're selling simply because you were right does that imply the inverse -- that you would buy more when you were wrong because you'd be more inclined to add to a losing position or wait it out?I'm a bit of a value investor at heart so I can sympathize with your position. Ben Graham's Mr. Market approach agrees with you here. But I would definitely take a closer look at the stocks that you would be selling. Every company has a different story with different levels of risks and potential. Good stocks gain and keep gaining. Bad ones fall and keep falling. Look back at your assumptions when you first bought in. If the stock is Macromedia and you felt that you were in a position of strength knowledgewise while you were working in the IT sector and you feel less capable in analyzing the company, that might be fair. Are there attractive opportunities in your new sector? Is that where the money would go? A lot of questions, but, you know, they're usually pretty rewarding to answer. Rick
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