then starts to fall. At $13.50 (10% loss), I would start looking to
sell. Key thing is you need an exit strategy.
Jacob
At 01:58 PM 11/6/2003, you wrote:
>so everybody should have such a problem:
>
>About a year ago, I took a chance and bought a chunk of my employer's
>stock in my personal account. Bought in at $3.19 a share.
>
>Today it closed at $12.40, and has been going up quite a bit lately on
>good news.
>
>Price before they bought our site and the market turned south was about
>$13-$14.
>
>So, what to do?
>Keep it all, hoping for even more gains,
>Sell an amount corresponding to the original investment, getting my money
>out (so anything else is profit),
>Sell it all (take the money and run).
>
>And if I sell, where the heck to put the proceeds?
>
><sigh>
>
>-Ben
>
>
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