I Should Have Listened To Myself
I know, it's hindsight so it doesn't mean a thing. I also know that many others could say the same thing.
What gets me though is that I consider myself a longer term investor and not an intermediate trader.
I liked these stocks when I bought them back in Jan-April, but succombed to the urge to take profits and move on to the next one.
Below is a list of 9 stocks that I actually owned; the price I bought them at, and their price today.
Hun $4.70 $13.38
PCX $4.90 $19.10
Cenx $3.51 $14.09
JDSU $4.01 $11.35
NTGR $11.84 $26.97
NVDA $7.93 $16.66
STX $5.51 $19.73
WDC $13.92 $39.92
SNDK $12.34 $32.17
I made a profit on them, and there were reasons I sold them, but I guess the moral of this story is, the "Price you buy at is important, but so is the Price you sell at"
Anyone else care to share their list of "Sold Too Soon" stocks, on this mostly "sideways" day?
Just for the record, in case you don't know ( and probably don't even care ), I actually own all the stocks in my CAPS picks.