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Re: Grip it and Sip It post# 81753

Monday, 06/01/2020 11:24:02 PM

Monday, June 01, 2020 11:24:02 PM

Post# of 236716
Exactly Grip. People are in totally different situations here in terms of what their cost basis is, how long they’ve owned shares, etc. Somebody buying in at $3 recently will
want a $30 exit. However, someone whose basis is $.50 will be happy as a clam to cash out between $7 and $10. Nothing wrong with either of those approaches.

It’s like the old saying “no one ever went broke taking a profit”.
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