I bought Sears at 46. Now it is 52. What's everyone's guess as to where the ceiling is? I'd be tempted to sell if it gets to 55.
To my thinking Sears is a stock to hold onto for at least five years. Historically this stock does nothing but trend upwards over the long term. Forget the short and intermediate term peaks and troughs. Look long term.
I bought some at 45.5 and some at 47 .... In my opinion this stock should go back to last yr. hi of 65..unless the country sinks..but interest,incomes and inflation do not show this to me.
My broker says 73$ is the top I tend to believe them, althoughIll probably sell short of that #.