if you are sitting on a decent profit, why not sell some. If a...

if you are sitting on a decent profit, why not sell some. If a big profit you should be able to cover your original outlay. Better to sell some and protect your capital, with some left for potential future upside, than to sell none and have the profits slip through your fingers IMO. But that's just me. Another perfectly valid strategy is to put trailing stops in place, so if the price falls a certain amount then you sell, but if it is automated then you don't get the chance to decide how many...

You might want to look at my last post in the someone has to call a sell thread... I too, can't see any reason for the current sp except speculation, which is fine, but the fact it is speculative needs to be factored into the risk assesment!

Tony.