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Stocks B / Berkshire Hathaway


Subject:  Re: Looking for a ray of light Date:  11/15/2008  9:04 AM
Author:  stillwater9999 Number:  147262 of 243796

To MD Cigan -

On your comment that if you have something that is up 50% in 6 months you should sell, in some cases you would be giving up quite a bit.

For example MCD bottomed on 3/11/03 at $12.38. If you would have sold with a 50% gain a few months after that at $18.57 you would have missed the continuing move up to today's current price of $56 (a 200% move).

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