RE: RE: OVERBOUGHT.... I do not mind the play of selling some of a stock that has run up a lot. I did the same thing with a different silver stock that almost doubled for me in a very short while. I sold 25%. That is enough to virtually guarantee that I will not lose money on this stock but not enough that I still cannot enjoy more upside.
On SLW I decided it is a little early to start taking profits but I would be willing to take a little off the table if it gets much higher. I have a bit of a dog silver stock that I would probably sell first before SLW though. I found that in the past I was most willing to sell stocks that made large gains for me. The problem with that is that I would hang onto my dogs too long. At near the top of the market I would be left with too many dog stocks. And of course I would not sell them on the way down. This time, when I think time is ripe to sell SLW I will be selling USA instead.
Bob