Far more experienced people than myself here and looking for some insight. Have a moderate amount of KORS purchased at $40. Currently about 7500 shares and need to generate about 150K for real estate. Was really banking on a big bump due to such strong earnings but not to be. But it does sound like things are lining up (GS PT $90, decent rise today) for perhaps a strong move. Hate to dump stock too soon and miss a steady climb, but likely have less than a week to pull the trigger. Thoughts as to timing, or just hold as long as I can? Curious what tomorrow will bring though after hours seems trending down.
No, I have not been disappointed. Was not aggressive selling after spikes and tumbles that have occurred with this stock. I would be a brilliant retrospective trader. But had thought like many optimists a bump into the $70's might happen today. My sense is this is going to continue to trend up. If it had really spiked would have sold everything and bought after the historic tumble. Perhaps was good did not see that as it reflected an inside stock dump. so will try to sell just what I need and try to hang on to about 5,000 shares and hope we do crest 75 or 80 in the next weeks. Trailing stop makes sense. Thanks