GREY:XEBEQ - Post by User
Comment by
bmo1212on Dec 27, 2020 8:25am
249 Views
Post# 32184832
RE:Not so Easy
RE:Not so EasySo when it comes to selling, you are thinking:
1) This stock has peaked and is now going to sell off, so I will sell now and look at buying back in when it is lower.
2) This stock has peaked so I am going to sell it and buy stock in a company with a stock that will rise faster as a percentage than XBC will.
3) This stock has grown so well that it is to much of a percentage of my total portfolio, so I will sell some off to bring it back in line and look for other opportunities to invest my money in.
4) This stock has given me a great return and I am going to sell it and invest in dividend stocks, or bonds, or ETFs......
Personally, I am hanging on to all my XBC stock, which currently represents a very large perdentage of my portfolio. I believe that moving to the TSX should provide a nice boost in the stock price as far smarter investors than me, who do not invest in the VSE, start looking at this company and the opportunity for growth over the next 10 years.
Just my opinion though, as I am old enough to have been wrong many times before this.