grunff Posted August 25, 2006 Report Share Posted August 25, 2006 Hi all, I'm very new to trading, having only been toe-dipping for a few months, so bear with me One of the stocks I bought a while back, OXS.ISE, has just started climbing fast. I bought it because I thought it looked fundamentally undervalued, and the company seemed to be having a run of bad luck, which Ifigured had to end sometime. However, now that it has made significant gains (50% up), I am finding myself wondering whether to hold or sell. What I'd like is some advice from seasoned traders - how do you make such a decision, both in general and in the case of this particular stock? Many thanks. Link to comment Share on other sites More sharing options...
frizzers Posted August 25, 2006 Report Share Posted August 25, 2006 Selling half is often a good tactic. I don't know OxuS , or their story, but I gather it's a rollercoaster. On the other hand, seasonally, now can be a better time to buy miners. Link to comment Share on other sites More sharing options...
grunff Posted August 25, 2006 Author Report Share Posted August 25, 2006 Selling half is often a good tactic. I don't know OxuS , or their story, but I gather it's a rollercoaster. On the other hand, seasonally, now can be a better time to buy miners. Thanks Frizzers. I like the selling half idea, but since I only own £2k of this stock I might just hold on for the ride, see what happens. I'll bear that tactic in mind for future trades. Link to comment Share on other sites More sharing options...
webmaster Posted August 26, 2006 Report Share Posted August 26, 2006 sell enough to get your capital out, and look for the next opportunity. the shares left will be "free" Link to comment Share on other sites More sharing options...
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