Agree. I think it's hold until fundamentals change or when you see another better opportunity.
Let me modfiy a little. Hold until you think that the price is too good to be true, or you see another better opportunity arise.
Hi MM, I agree. No such thing as hold for life. More like "Hold till the Management Team screws up big time"!
When a management or company is going bust, it do not just go bust overnight. Stock ABC priced at $150, wont be $0 the very next day. A building that is about to collapse wont collapse overnight either. Over the months one will notice cracks on walls, hear steel structure sounds, dent on foundations etc before it collapse. Say cancer for example, in medical terms using subjective and objective assessment you will find out the signs and symptoms of cancer. It will probably take a few months for the individual to pass away. I feel that we should not hold until management screws up. Act first before they do some major damage.
All of us must be very observant.
