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Title: what's your experience of holding spiking stocks? Post by: jeff on January 26, 2007, 08:49:03 PM If a stock is rising slowly I have no problem holding it for the long term. But when a stock I am holding spikes 50% or more on one day, I am always scared and think it could come down quickly as well or as least pull back 20%, 30% or more. so I always sell into spikes. WIN.TO I sold half when it spiked. IEX.TO I sold out when it spiked. What's your experience of holding spiking stocks?
Title: Re: what's your experience of holding spiking stocks? Post by: aaron28 on May 10, 2010, 10:27:18 PM My experience is similar. I usually try to beat the market and sell before the spike. I think periods of intense trading are volatile. I reap the profits and don't look back. I look for another stock that is trading fine and then I'll move on. "Bulls make money, bears make money, pigs get slaughtered."
Title: Re: what's your experience of holding spiking stocks? Post by: Anna1 on June 17, 2010, 04:14:49 AM I'm new in this area, so I haven't got any experience yet. Hope to learn something from this thread :) Thanks for your posts
Title: Re: what's your experience of holding spiking stocks? Post by: bryanmcn on June 17, 2010, 06:54:11 AM Hi Anna
This board has been very quiet since the 2008 crash. It gets worse in summer. The recent correction has sent many trader / investors into hibernation (including myself) but the SSP indicator has finally turned up and several stocks in the portfolios look like they have some upward potential. Bryan |