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Company stock Yo Yo

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poolshark

Senior member
I have SPW company stock and it will yo yo like no other stock that anyone has ever seen . On sept 19
it was $ 79 a share I think and today it is $146. I have such a hard time trying to decide what to do with my stock after all this gain. Are there any gurus out there that can help me research SPW and give me some advice?
 
I have all my "stocks" money in mutual funds (about 2/3 S&P 500 index) and I'm biased against stock-picking, so I'd say: congratulate yourself on a gamble that paid off, cash out your winnings, leave the craps table and put the money into an S&P and/or bond fund. But like I said, I'm biased.
 
Wow. It's approaching a 1 year record, I'd be tempted to sell it while it's in the high 140's. Of course it would be nice to see it hit $180 again, but I'd expect it to split before then.
 


<< I have all my "stocks" money in mutual funds (about 2/3 S&P 500 index) and I'm biased against stock-picking, so I'd say: congratulate yourself on a gamble that paid off, cash out your winnings, leave the craps table and put the money into an S&P and/or bond fund. But like I said, I'm biased. >>



sounds like youve been burned, did you buy valueamerica or somethying?
 


<< I have all my "stocks" money in mutual funds (about 2/3 S&P 500 index) and I'm biased against stock-picking, so I'd say: congratulate yourself on a gamble that paid off, cash out your winnings, leave the craps table and put the money into an S&P and/or bond fund. But like I said, I'm biased. >>

I am of the exact same opinion. Congrats on a good increase...but sell them. I don't personally believe the average person should be basing their investment future on stock picking because over time they'll be lucky to even match the market, let alone beat it. So why waste the time and the uncertainty?

I suppose it can be fun...but sell these and get some index fund or mutual fund 🙂
 


<< sounds like youve been burned, did you buy valueamerica or somethying? >>

Nope, I've been a funds-only buyer since the beginning. I do have a friend who picks stocks and lost a good chunk of his retirement money when the tech bubble burst, which made me pretty happy that my funds only dropped about 15% during the crash and 9/11 panic.
 
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