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Re: fung_derf post# 823

Thursday, 03/06/2014 2:49:26 PM

Thursday, March 06, 2014 2:49:26 PM

Post# of 3827
Ummm... I got out yesterday? Less than 24 hours ago. Am I supposed to post to the board the minute I click "Sell" on my brokerage account? I don't have that much free time on my hands.

And why would I hold if I felt the stock was going to go down? Doesn't it make more sense to sell now and get back in with a larger position at a more justifiable price? Instead of averaging down.

Look at all my previous posts. I've always said that I've felt the PE is too high. I am much more comfortable buying into a larger position at a more reasonable PE and PPS.
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