RE: RE: RE: RE: RE: sold half I have been investing for close to 20 years and I have never been successful at swing trading. Some people might be, not me. You have to find your style and live by it. I have found that mine is to find good stocks and stick to them as long as the story holds true.
AM is an undervalued stock. It could easily trade for $6 if perception about the business change. Give the company a new contract, diversify the production a little bit and get a settlement with GM and you don't how much the stock will be value by the Street.
Investing successfuly takes patience. You also have to believe in your judgment. If I believe that the stock is worth $6, why would I sell it at $3.20? To protect a 50% gain? Well, it might make sense if the stock weights too much in my portfolio, but if I am properly diversified I won't lose much sleep over the situation.
No, I am here for the big gain, the multiple-bagger. And I am confident that I will get it. If not, it won't be a tragedy.
JMHO