InvestorsHub Logo
Followers 2
Posts 1949
Boards Moderated 0
Alias Born 08/04/2003

Re: karw post# 51

Thursday, 11/25/2010 5:51:56 PM

Thursday, November 25, 2010 5:51:56 PM

Post# of 289
For the ones that are bigger than the CV value, they will keep their current CV value. More thinking is needed about what to do with those.

I've got a couple like that that were purchased in 2007 at the high for them and whilst they're now above $2000, like the $2200-2400 range, I can't sell them back down to $2000 without taking a loss, which I'd rather not do. If they get up to the point where I can sell off a couple hundred I'll probably do that. Meanwhile, as they're all dividend payers, I'll take the dividends for now!

In pondering Praveen's system I find that it falls in the family of "core position" systems where one takes a core value, $2000, for example and then trades around that with future sales and/or purchases.

Best,

AIMster

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.