I sold 1/3 LSI with a huge profit and hung on to 2/3 my position with an even larger gain. I love LSI but it is starting to look pricy even to me but you hate to sell such a winner as this one. The PE if over 100 and fear is winning over greed a little. If the market cracks stocks like LSI will the in the first wave to take the hit. I am long term with almost a 5 bagger in a little over a year. How much do you expect a stock to actually do for you?? Comments welcome. Help me decide to hang on.
The P/E that yahoo finance shows is trailing 12 months, if you look at LSI forward P/E for next year, it is BELOW 30, while it's competitors are trading anywhere from 50-75. The stock is still VERY cheap compared to the industry. Price to sales is about HALF the industry. Do you freakin homework, before you post!