thanx for the good advice.
actually, beyond the exit strategy, I need a map for the next freeway <g>.
am wondering where <outside of cf_community!!!> to put the profits to grow some more :-)
trying to recoup my "investment losses" in the kids' tuition <ha>
-Ben
>10% trailing stop loss. Let's say it goes up to $15.00 a share for a high,
>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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