I admit it, sold them at 12.48.... I kept adding all the way up to 11+ and got up to almost 16000 shares. I stated on an earlier post that the 2 year chart looked to me that we had a clear shot to 12/13. We got there quick and I will sell a couple thousand more if we cross 13. At that point I will sit on my hands and take a look around......
Sold 5000 more today including a 1000 in the AH at 16.5. I just could not risk going into earnings with 10000+ shares and a 100% move in a few months. Playing with the houses money and am ok with a bit of a selloff.....GLTA
Congrats John. Nothing wrong with pulling some off the table, especially with a very nice profit.
In this particular issue I have not done the same, but I have employed that strategy with other stocks I've held. I'll see what this report and outlokk hold and may designate some shares as trading if SILC gets too far ahead of itself (of course with a 100% run one may say that's already happened. :)) but we shall see. The stock has been significantly higher with lesser propsects in the past.
Silicom (SILC) has screamed ahead 103% off a July low. Its sales began recovering at the end of last year and accelerated through Q2. Analysts expect a 320% EPS gain when the company reports
Once again: this stock is not guaranteed to do anything!!!
The poster I know for a fact has been around here long enough to have tripled his money. Soooooo, taking 1/3 of your position off and playing with only the houses money can never, and I repeat never be a mistake!
Just glad to see some sanity on these boards. Of ocurse it is always replied to with your type of insanity.