Yes..... It is easy to buy but always difficult to know when to...

Yes..... It is easy to buy but always difficult to know when to sell. LRS is a relatively high risk stock and that makes it difficult also. Over the years I have become less influenced by TA. One thing I do respect however is the 200 SMA. LRS has bounced off the 200 EMA a couple of times so that is a positive sign. I regard the 200 EMA as an 'early warning' and the 200 SMA as the 'final warning'. If you are really uncertain and have mortgage committments, your accountants advice may be worth heeding. I would be inclined to sell 1/3 of my holding if the share price goes below the 200 SMA and stays below. Thats a compromise and pays off the mortgage. The most important decision I ever made in my life was paying off all debts and becoming debt free. Then you can really relax and enjoy your investing. Also your wife may be a lot happier without a mortgage and that is important. None of these decisions are easy. Remember the golden rule however - Never become wedded to a stock!!. There are more important things in life.