|
#1
|
|||
|
|||
should i sell my AMD stocks
i bought some shares of AMD at $18.45 awhile ago. it is now at $23.08. im thinking its a good time to sell now? should i sell it or hold it?
|
#2
|
|||
|
|||
Re: should i sell my AMD stocks
Seems like a nice breakout from the recent base and a nice uptrend overall. On the other hand, it's approaching the high from Dec 04. Holding it is gambling that the previous high will be taken out versus a one year double top...
One approach would be to sell half now and wait with the other half. |
#3
|
|||
|
|||
Re: should i sell my AMD stocks
I would drop this in a second. Not because you're ahead, but because this is not a good company. It's not profitable this year, and may be somewhat profitable next year (forward P/E around 40, which is high). I don't see any reason why its prospects would improve in the next 5 years at least--it's still going to be second-place to Intel in an industry where prices go down every year.
There are just much better opportunities out there, there's no reason to hold AMD. |
#4
|
|||
|
|||
Re: should i sell my AMD stocks
wow it went up another 77 cents today. sell on monday?
|
#5
|
|||
|
|||
Re: should i sell my AMD stocks
damn, i placed a sell order at $24 yesterday and it dropped some 40 cents today.
|
#6
|
|||
|
|||
Re: should i sell my AMD stocks
[ QUOTE ]
i bought some shares of AMD at $18.45 awhile ago. it is now at $23.08. im thinking its a good time to sell now? should i sell it or hold it? [/ QUOTE ] I have only one question... What was YOUR PLAN when you enterred the trade? (You did have a plan, right) [img]/images/graemlins/wink.gif[/img] |
#7
|
|||
|
|||
Re: should i sell my AMD stocks
One word: pithy. :-)
|
#8
|
|||
|
|||
Re: should i sell my AMD stocks
[ QUOTE ]
[ QUOTE ] i bought some shares of AMD at $18.45 awhile ago. it is now at $23.08. im thinking its a good time to sell now? should i sell it or hold it? [/ QUOTE ] I have only one question... What was YOUR PLAN when you enterred the trade? (You did have a plan, right) [img]/images/graemlins/wink.gif[/img] [/ QUOTE ] sadly no [img]/images/graemlins/frown.gif[/img] im more of a, 'go with the flow' type of guy. i like to empervise |
#9
|
|||
|
|||
Re: should i sell my AMD stocks
Cramer gave AMD a thumbs-up tonight (sort of). Said the stock is good, but not the company.
|
#10
|
|||
|
|||
Re: should i sell my AMD stocks
If you are a value investor, you would try to figure out what the true value of the company is, and sell at or above the true market value.
If you don't want to do the calculations yourself, then see if there is some service which publishes a per share valuation. If you own GOOG and think it is only worth $50 per share in the long run, then you may want to sell if the market price is now $300 per share. |
|
|