Posted:
#1
Ticker Symbol THO ... initiated a position at $42.27. No write-up as my day job is sucking up all my time right now. Good luck gents.
Another Gift for Covers
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Posts: 13
i'll do some due diligence
Posted:
#5
You can never go wrong with taking profits ... but for me I do it one of two ways. I either take it at 20% or I'll let the stock chart tell me when to cut and run. I use technical analysis or chart reading to pin point exactly where and when i get in and outta stocks. I always consider the general markets when buying and selling stocks too. To make a long story short, if i were you, with THO earnings still 6 weeks away, I'd ride this out a lil longer and maybe use the 10 or 20 day moving average as a guide. Since we're in an uptrend market/bull market for right now, I see no reason to cut and run at this point. But nobody can fault you for taking profits now. Picking stocks i use more fundamental analysis, growth rates, future estimates, etc, etc. Keep in mind, I'm a growth stock guy that looks for momentum. I see enough *momentum going into THO than its competitors like WGO. I will ride THO until I see trouble price/volume wise. Good luck to us!!
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