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Here's Why I Sold My Google Shares Yesterday



July 12, 2013 – Comments (2) | RELATED TICKERS: GOOGL

I was long Google (GOOG) from the end of June when I got long on a pullback that held key support and got in at $872.15.

Yesterday I sold that position at $920.30 for a nice 5.5% gain. 

But why sell so soon? 

Look no further than the chart I posted below for a better understanding into why I made the decision. 

Here's the three reasons that led me to sell my shares in Google (GOOG).

2 Comments – Post Your Own

#1) On July 12, 2013 at 9:30 PM, 3barkingdogs (< 20) wrote:

well one thing is for sure, if you keep that up your going to do alot better than 10% for the year. I say Good job. I have personally just reached 50.36% in realized gains so far this year. Now I hope your teaching someone.

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#2) On July 12, 2013 at 9:41 PM, jiltin (46.86) wrote:

Hope you do not mistake me telling this. 

First, I do not thinkyou need to invest GOOG for 5.5% return. It is waste of time as you have plenty of stocks are there giving better returns. Of course, you need to know what they are. 

I do not invest in GOOG or AAPL or FB as the growth rates are not so attractive to me.

My return expectations are appx 25% yearly returns. Choose the best from fool's stock pitches. I choose from them and getting better returns.

On any case, thanks for posting so that we learn each other. 

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