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Re: Penny Harpoon post# 154744

Monday, 04/21/2014 9:44:47 PM

Monday, April 21, 2014 9:44:47 PM

Post# of 341666
It appears you've quadrupled your money in ERBB. I'd be letting go of at least half my position right now. Pigs make it home to face the big bad wolf on their own terms whereas hogs wind up looking and tasting like apple-cured bacon.

The balance of your shares will remain positioned to improve your lot.

I thoroughly disapprove of anyone putting his nest egg into just two stocks. Thirty thousand original dollars is no trifling sum. It will buy a decent car or a quarter of a house in most anywhere in America. Diversifying is extremely important. I'm in 19 different companies, myself. I have major gains in some, moderate ones in some others and a couple of totally suckable dogs, too. I look for balance at all times, and invariably treat every dollar as important. I hope you'll rethink your approach which looks like all-or-nothing to me. It's extremely dangerous.

So I'd vote for taking some profits and staying the course otherwise, so long as it fits your comfort zone, instincts and intellectual understanding.

My opinions herein.