Only 15% but it is still more than 1/2 my account value. It's had a 50% run since last earnings. They are going to have to delivery a big Q. I think they will but I simply could not take the risk. As it is, almost anyone would say I am nuts to still have 48,000 shares going into earnings......GLA and congrats to all the long timers on the board. I've been here for 10 years but I know many have been in longer.
So John - was that YOU that tanked SILC this afternoon? This stock is too thinly traded to handle even one person's selling, unfortunately. I sold my small position and will wait for things to settle out. Looks like it may be a good idea, given the afterhours MSFT and GOOG selling. The Bernank Bump is over, and what's to look forward to except some more mediocre earnings and rising interest rates, less affordable homes, etc.
Not I. Sold slowy starting last week when we jumped above 40. Have sold 8000 shares total starting at 40.4 and ending Tuesday at 41.95. Will hold 47,000 thru earnings. I do expect a record Q on Monday for revs and profits and record highs for the stock.
I have no doubt. It's simply that I lacked diversification to the point of irresponsibility. My cost basis is mid teens and I have traded completely out twice in the last several years. I'll likely sell a few thousand more next week, especially if it runs higher. All that said, I expect Silc at 60 before the year is thru. Believe me, I won't cry if that happens.