EBAY closes higher again................................EBAY closed at another 52 week high. I sold off about 75% of my holdings to cash and continue to hold a longterm position. Instead of a.i.m and EBAY, I am going to hold it until it doubles and then sell half and then hold the rest for many many years. I think if I had alot more money, I would definately have an account stricly for a.i.m and EBAY and I believe it would do incredibly well. But because funds are limited and holding only one stock does not seem prudent, I have to take a different approach.
I am going to search for future great stocks based on revenues, income growth, global potential and mass appeal. So far EBAY is the only stock I can find with all components. If any of you have a candidate to become a great stock, please post.
I am a little dissapointed that I can not follow through on combining a great stock like EBAY with a great timing device like A.I.M............but maybe I can someday. I think it would be one of the best longterm, but it is true that any company can fail at any time. That is a fact that I can not ignore.
EBAYaim
