Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Business, Finance, and Investing
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #21  
Old 04-23-2007, 04:19 PM
jzpiano jzpiano is offline
Senior Member
 
Join Date: Oct 2004
Location: IL
Posts: 2,385
Default Re: Should I sell this position?

[ QUOTE ]
[ QUOTE ]
) Sorry if I ramble....I'm very confused [img]/images/graemlins/confused.gif[/img]

[/ QUOTE ]

Let me get this straight: You make 400% on your money in the stock market and you're confused? Yeeeesh.

[/ QUOTE ]

lol yeah i know I'm in quite the predicament. Anyways, I 'm selling 33% of my holdings tomorrow since it hit another all time high today. I will sell the remaining 67% over the next 2 months. Thanks for the advice guys, you all have been most helpful.
Reply With Quote
  #22  
Old 04-23-2007, 06:37 PM
Sand Sand is offline
Senior Member
 
Join Date: Aug 2004
Posts: 446
Default Re: Should I sell this position?

EPS is only growing at 10% per year (last 10 years) while your stock is growing at ~29% per year since 2002. I would consider it overvalued at the current time (cursory look). Set a trailing stop and enjoy your gains.
Reply With Quote
  #23  
Old 04-23-2007, 07:05 PM
jzpiano jzpiano is offline
Senior Member
 
Join Date: Oct 2004
Location: IL
Posts: 2,385
Default Re: Should I sell this position?

[ QUOTE ]
EPS is only growing at 10% per year (last 10 years) while your stock is growing at ~29% per year since 2002. I would consider it overvalued at the current time (cursory look). Set a trailing stop and enjoy your gains.

[/ QUOTE ]

That's what I'm going to do with the other 67%. I have the trailing stop at $70 a share currently. But I'm hoping that I won't need it [img]/images/graemlins/wink.gif[/img]
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 05:59 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.