qw25041985 wrote:This stock has topped meaning that it cannt go up any futhure. Its time to sell cfc stanbic or loose all your profits you hav a cumulated.
qw25041985 wrote:This stock is trading at 32 times earnings. Quite expensive... From ksh 70.00 to 84.00 dnt you think is time to sell.
qw25041985 wrote:@muhika. I agree BUT if you want to take some profits the time is now .
There is a difference between "selling" and "taking profits"
Initially you suggested sell because we might lose the profits; and now you say take profits.
Well, depending on ones entry point, one may begin to take profits. Mine was around 67 and I have sell order pending at 90....but only for the profit gained so far.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.