Last summer I was very public with my decision to by Google, the logic behind it, what I expected the stock to do and my sale of the stock in October. I bought for clients at $288 and sold at $345 (at one point I think I said I sold at $354, which was a mistake).
I have had a few emails and comments telling me to get back in but as I said I have lost touch with the stock and have no feel for what it can do.
The stock is down more than 4% today and has come off aggressively since its weird earnings report.
If you get it, great, but if you don't, it is OK to leave it for someone else. The point of this post is to have enough introspection about your own knowledge and ability to know when to stay away.
Wikinvest Wire
2 comments:
This Bull is pawing the ground in preparation for its next move. I sold 700+ shares in the mid $400s and am preparing to load the boat again.
The platform is still one that will give MSFT a run for all the money.
excellent sale. while I think I have no feel whatsoever, you clearly get it. nice.
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