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TriSec
If you bought a stock 2 days ago and made already made a 5% gain would you sell?
it for a quick profit or hang on?
Additional Details
fees are 12.95 to buy and 12.95 to sell

I have a $1000 profit in 2 days.

I usually am long term but this is a little speculative play....BUt, if I sell, I take the chance it could go up 10% or more too next week or whatever.
                     
 




Bill
commission fee and capital gains tax would eat it up, unless your 5% was of a significant amount of stock.


dougzinboston
Rating
That's an open ended question...what is the smart money doing? What do the financials say? How much is your NET profit after taxes and fees? Anyone that sold Google stock for a quick 5% is slapping themselves now.


crzyaltego
Rating
why dont you sell half your shares and that way you would have a profit of $500- $25 commission fees and you can see where the rest goes and if it starts going down you can get out


udayashanker k
within 2 days 5%, immediately i will book profit


Whazzzzzz Up
Rating
Buy UCIO now!!!!


me2
I guess it would depend on the brokers fee.
I am very conservative so If I make a dollar I am happy. Of course it also depends on the amount you are talking about. If you gained something like ten thousand then yes I would because who knows what tomorrow will bring


skcs69
Depends on how much is invested.


besthusbandever
depends if you are a trader or more of a long term person. I trade stocks so I would be out of it. where else can you make $1000 in a few days by just typing on the computer? if you don't want to sell it now......if it starts to go down, maybe set a limit as how far you will let if fall before you pull the trigger. make sure you at least make $100 profit on it.....if all of your profit evaporates away, you will feel like a fool.......so by doing it this way you will at least make $100.00 never let such a nice profit slip away.


Jose m
Rating
Depends what you investment is
If your in the profit get out now and re buy when it gose low again.
If your up 5% chances are the stock will dip again in the next few day.
Only stay if your a long term investor if not keep your money moving.


Mr Happy
Rating
$1000 is a nice little profit for a couple of clicks and a couple of days. PROFIT is PROFIT

Yes, it could go up but you could also lose $1000.00 next week. Now, if you bought it for long term, just hang on for a ride....


CommanderQ
1K profit in 2 days is good enough - don't get too greedy since it will always bite you back.


drlove
when you buy a stock , did you set a goal, q

10 % return, or 5 % return or what!!!!


it depends on your goal and your age and income level risk tolerance


Rabbit
Rating
What's the trend? If it is still looking up, hold on for a bit. If progress is stalling and volume increasing, that often means that people are starting to sell, so take your profit with them. Remember, though, prices fluctuate normally--so the real issue is why did you buy the stock and has it accomplished what you expected (hoped)? For instance, Smart Modular (SMOD) has had a nice run up in recent days because of some more good earnings news. Is that all that is going to happen? Is that all I bought it for? If I expect better things, hold on for better prices when those things are realized. If it is going to be business as usual from now on, then get the run up and enjoy spotting something good.

Now, why did you buy that stock?


seriousddneeded
A 5% gain is small no matter what.
Take a look at PBLS.PK it swings 5% every trade.
They will file early in 2007 and have much more than most AMEX stocks and no debt.
Research a minimum of 8 hours on PBLS
I am looking to make 100's of percent gains starting next week.


Nick C
It depends


NONAME
Rating
what was your fees to buy, fees to sell, and amount you made - you need these factors to answer your question


PlasticTrees
Rating
I would, why not. Of course there is no guarantee you'll do better than that-sell and enjoy.


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