When to sell?

[Line Tamer]

What triggers a sell for you....whether a stock is rising or falling, when do you sell?

Currently i am sitting on Williams Co (wmb) with a cost basis per share of 9.61. Current price is 22.11 for a nice 130% gain. When do I sell. This is an oil/gas stock so who knows? Any thoughts?

Thanks--Tamer

[Dawoofdaddy]

Was your purchase of WMB a trade or an investment?

Since you made this post, you should take something off the table.

[CoachCB]

Good question Woof.

You could sell enough to get even and keep the rest for future profit. Or, if this is an investment, sell. 130% doesn't happen everyday. Even if it takes off you got yours and you got out. That's more than a lot of others can say!

[heart222]

hi. what ever the reason was you bought the stock if it is still valid then you stay. put a stop in at say 18 and see what happens.
example someone might have bought lowes because of all the rehabbing. if one percieves that rehabbing is continuing then stay. if you think it is slowing down or stopping then sell. got it?

[MRPOOPS]

BULLS AND BEARS WIN AND PIGS GET SLAUGHTERED. IF YOU MADE 130% and are not satisfied then you need to think about what you are doing. I would have blown that out making 50%. Or you can go to your local bank and get a CD for 2%.:party: