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 Post subject: Stock Market Question
PostPosted: Sun Sep 18, 2005 8:11 pm 
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Icon Ticker Open Current Price Chg Qty Paid Mkt Value % Change
AAVL
(profile) 54 59 +5 1,000 15,000 59,000 +293.33%

Should I sell? It seems to be going straight up, along with 3 of my other stocks.


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PostPosted: Mon Sep 19, 2005 2:10 am 
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Neodaq.com is the best place to learn about stocks, and I don't claim to be an expert, but I'll thow in my $0.02:

Most people who play the market seriously pick a sell point. Mine is 50. Another common one is 60. Some people have a strategy of multiple sell points, selling a certain percent of their stock at one point and selling more when it hits the second point. (Actually I do that, too... I sell, dunno, 1/2 to 2/3 of my stock at 50 and save the rest in case it goes up, in which case I sell as the spirit moves me.)

I don't pretend to understand all the nuiances of sell point, but I do know a few things:

1) The higher your sell point, the bigger your portfolio will get.
2) The higher your sell point, the bigger your portfolio needs to be before you make money.
3) I think someone or someones at Neodaq.com has calculated that 50-60 is the magic sell point which maximizes your income from your portfolio. (Please, someone correct me if I'm wrong, I don't pretend to understand all the nuiances of the market.) 60 seems to be a very, very common sell point there.

Historically AAVL hasn't been a good stock in terms of hitting people's sell points, but it seems to have had some good runs recently.

So your sell point is really your personal choice. As my point to begin selling is 50, I've sold a bunch of my AAVL.

Remember, yes, sometimes your stock will go higher and you'll kick yourself for selling. But at least as often, it won't and you'll kick yourself for not selling. It all evens out in the long term... if you never sell at all, you'll never make any money. Or so I tell myself when I sell a stock that proceeeds to climb still higher in subsequent days. (Maybe I should raise my sell point to 55 or 60...)


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