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re: How do you decide when to sell a stock?

Posted on 5/22/13 at 6:12 am to
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69890 posts
Posted on 5/22/13 at 6:12 am to
quote:

Yea makes complete sense. But what if you had bought those shares last September? Would you wait until sept to sell, even though it hit that 7.50 in May?



The time period doesn't matter, but in September, you would have bought in $5 range. So if you have a 50% return, and you're getting nervous, take your original investment out and leave the gains.

FWIW, I have no idea what Sprint stock will do in the next 6 months, 1 year, 5 years, or 10 years. It could go as high as $100/share, or drop as low as $1.00.

Posted by lighter345
Member since Jan 2009
11864 posts
Posted on 5/22/13 at 8:29 am to
Yea I hear you. I don't own sprint it was SNTS and CBST.
But ill look into sprint now haha. Thanks for the help.
Posted by LSU0358
Member since Jan 2005
7915 posts
Posted on 5/22/13 at 8:45 am to
Have to be very careful with stops on low volume low priced stocks. I've been run in a few times myself. It sucks getting run in right before a big move, but stops keep you in the game long term.
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 5/22/13 at 8:57 am to
I have a stock that is at 133% right now and Im still hesitant on selling. I did sell half of it at 80% though. I guess wishing I didnt has me keeping it.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69890 posts
Posted on 5/22/13 at 8:59 am to
I'd say you've done great with SNTS, but since it's a speculative Small Cap stock, I'd roll at least 25% of your gains to another stock/stocks, maybe as much as 50%. I think SNTS will continue growing though.

CBST on the other hand is a total coin flip. If you're up on this one, take the gains and run

Posted by lighter345
Member since Jan 2009
11864 posts
Posted on 5/22/13 at 9:06 am to
quote:

CBST on the other hand is a total coin flip. If you're up on this one, take the gains and run


Yea I mean CBST was me just messing around with about $900 and now its almost $3k.

I might sell this week, this may be the best time with that generic Cubicin ruling. Sometimes I just get real attached to the ones I watched grow up so much you know haha.
Got a trip to China wouldn't mind having that extra cash.

I'm going to hold onto SNTS, I agree with you and think they still have plenty of room for growth.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69890 posts
Posted on 5/22/13 at 9:16 am to
quote:

CBST


Yeah, looks to me like it's trading at 30% above its Fair Value. With that ruling, it's a dog with flees
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