fdmqq, good for you! There are arguments for long term holding and short term holding, and neither is perfect, IMO. I also believe in taking some of my original money off the table when the share appreciates well above consensus (or well above where I bought and think there are better opportunities).
A really great chart in a recent well-researched investment book shows that holding long enough gives a positive returns even when buying in the worst points of the stock (or something like that). No other investment type gives positive returns in this worst case scenario. I've posted the exhibit below. Of course, there are arguments for selling a stock short-term, but I'm not alone in guessing wrong as much as right.
I expect SGN's price has reached fair value, but I will probably hold long term for dividend and investment diversity.
SGN Price at posting:
$1.45 Sentiment: None Disclosure: Held
