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Posted On: 06/08/2022 10:18:29 AM
Post# of 148892
Re: Evil Rabbit #124313
Hoops wrote, "Be careful. Buy in small increments, if you intend to buy. Take profits, even small ones..."
I was the person who gave this the thumbs down. Hell, that post could have been written by a short -- it's basically telling us to sell at 43 goddamn cents. Hell no.
Here's the common sense pendant to that post. "Be careful. Sell only if you are happy being out of the stock at that price. If you sell at 43 cents, would you feel good about the sale if it goes up to several bucks a share?"
Sell only if you think the valuation is fair. Don't listen to someone, anyone, telling you to sell before that. That's the meaning of being a long.
I was the person who gave this the thumbs down. Hell, that post could have been written by a short -- it's basically telling us to sell at 43 goddamn cents. Hell no.
Here's the common sense pendant to that post. "Be careful. Sell only if you are happy being out of the stock at that price. If you sell at 43 cents, would you feel good about the sale if it goes up to several bucks a share?"
Sell only if you think the valuation is fair. Don't listen to someone, anyone, telling you to sell before that. That's the meaning of being a long.
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