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Nicolal, just because you follow a stock & even beleive in it's...

  1. 5,909 Posts.
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    Nicolal, just because you follow a stock & even beleive in it's fundamentals does not mean you have to continuously hold it. Looking at the charts, one could be quite a rich man/woman from trading this over the past few years even though the SP has gone nowhere. I can see a billion reasons why fence sitting at this point in time is far more prudent & let your capital to work on other things until you are confident of SP direction. This is the reason I sold, not because I think the company will be a success or failure.
    I will happily continue to follow this stock without holding unless I see a technically scrumptious entry point - isnt that what watchlists are for? otherwise you would be entering stocks without any reasonable fundamental knowledge.
 
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