2D·

Hold or take profits?

$INOD (+2.61%) I have already taken some small profits and the stock has risen sharply in recent weeks.

What are your thoughts? Is a correction likely and is it worth to setup a trailing SL to lock in additional profits or let the rest run?

Currently at +63%

2 Comments

Carles@Carles

Is its current valuation still aligned with your investment thesis? If the answer is no, sell… Would you buy at this price?
In my opinion, the stock looks expensive, this does not mean it can’t go up fueled by momentum, but there is no value for me at this price…

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Leopold T.@Tuffbet

In my opinion, it's also a matter of the position size in my portfolio, and not just a decision based on percentage performance, which can be misleading. I plan to let the stock grow to a 5% portfolio weight and will then make further decisions. The pure percentage price movement of a stock may be impressive in the short term, but without the context of its position size within the overall portfolio, it says little about the actual risk or its impact on your performance.

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