SI
SI
discoversearch

Technology Stocks : When to sell?
QCOM 64.76+0.1%5:20 PM ESTNews

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J.B.C. who wrote (4)10/8/2017 12:22:21 PM
From: seminole  Read Replies (1) of 7
 
If a stock price goes down and my initial reason for purchase still exist,
I am more likely to buy than sell.
If a stock price goes up 10-20-50% and my initial reason for purchase still exist,
I am more likely to buy than sell.
If my reason for purchase (merger, dividend increases,drug development, etc.) no longer exist,
I will sell independent of the stock being up or down.

Buffet calls this buying the company not the stock.


Note; Jeff Immelt has been GE's biggest problem. He is gone.
While I don't own GE here. I could see constructing a reason (split up the company)
to buy GE.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.