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Coach, Inc. Message Board

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  • bonkenx bonkenx Jul 25, 2005 9:37 PM Flag

    Thinking of selling COH

    My point is when opportunity arrive , easy profit should be harvested instead go waste ..Alraedy drop $1 just for today... And sametime you are stepping off to sideline to see how far COH will drop. Letting slide with profit does not make much sense. That is like farmer not picking this year's fruits since next season trees will produce more fruits.
    Example: if I did not take profit on QCOM in late 2000 & 2001, since the company business was growing, I will still be waiting to return to high price of 5 years ago. Instead ; I repurchased and repeated many up and down cycles with 5-25 % gains. Net result is Iam way ahead by watching various indicators and sametime avoided painful tech disaster of 2001 cycle. For same reason I am not holding any oil stocks now.

39.52-0.10(-0.25%)10:08 AMEDT