A stop loss post result is probably not a good idea. There will be some volatility for sure, but you wouldn't want to be whipsawed out to then see the stock go to $20 in the next few months.
My strategy, which has served me well, is to buy 10 % more every time a stock I own goes up 10% and sell 10% every time the stock goes down by 10%. That way I add to rising SP's and sell into falling SP's. I keep the margin pretty wide to avoid selling and buying during a period of consolidation such as the one we have just seen in the last 5 months, but at least I wont go broke and if, as I suspect, BAL just continues to go north aka DMP/CSL etc, then I will have built up a nice nest egg by the time I need to use the money.
Anyway, thats what I do, but everyone to their own, as they say
ps This is NOT a recommended strategy for cyclical stocks!!
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