Itching to dump amazing stock

How long are you willing to hold it?
They sell cars. What catalyst do you see that will make people buy more cars?
I'd look at earnings growth rather than P/E.

 

Dead money.

 

Reassess every quarter unless they hit my max loss limit (7% from cost) before. Right now it's down less than 2% from cost.
Earning Growth average last 5 years is 44.5%, stellar.

 

Knowing what you know now would you buy it today?

Better yet would you have a close family member buy it today?

 

Now there is a criteria I'll have to add to my list.

 

Can't claim originality for it.

From a book, "It's when you sell that counts" by Donald Cassidy.

And the question is to be asked for as long as one holds a stock.

If you can't answer yes each day, then it must be sold. Pronto.

 

I have the book, I don't remenber that quote but I have often said that the decision to hold a stock should be the same as the decision to buy a stock.
Why would you hold a stock you wouldn't buy?
Putting a family member at risk just adds more pressure.

 

That's what I just did by deciding to keep it.

 

You bought more?

 

No. What I'm saying is deciding to keep the stock is no different than buying it if I had none.
I'll only buy more if and when it gets some momentum.