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Novice Stock Question

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Views: 333
Posts: 6
 
Prospect
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Joined: May, 2006
Posts: 263
Posted: #1
I do not know anything about the stock market,and I don't think i will learn by the end of the year. I will sell all my company stock by the end of the year. Any idea if I should sell early or late in the year. My company is a large fortune 500 company(AVT.). I don't care about taxes, I don't need the $$ now. I just want guesses about the market from someone that is not selling me something. Thanks
 
Legend
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Joined: Dec, 2001
Posts: 85256
Posted: #2
get the FUCK OUT, NOW!!!
 
Captain
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Joined: Apr, 2002
Posts: 6524
Posted: #3
If you work for AVT(Avnet) then I'd wait on a better price to sell your stock. It closed today just over 30 and I think the stock will get back to 35 and possibly 40 sometime during 2008. Just looking at the numbers, AVT is a solid company generating a lot of cash at a low multiple.
 
Legend
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Joined: Dec, 2001
Posts: 85256
Posted: #4
"when they raid the whorehouse, they take the piano player too"
 
(old wallstreet saying about holding "good" stocks in a bad market)
 
Prospect
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Joined: May, 2006
Posts: 263
Posted: #5
Thank-You !  LeRinkRat
Quote Originally Posted by LeRinkRat:

get the FUCK OUT, NOW!!!
 
 
Legend
Participation Meter
Joined: Dec, 2001
Posts: 85256
Posted: #6
I'm glad you followed the advice. hope your job and savings are secure.
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