EDITOR'S DESK, FUNDAMENTALS, INVESTING, STOCKS

Leaving, When You’ve Lingered Too Long. Salvaging a Smoking Stock Position.

OCTOBER 23, 2019. The question’s always the same; “Should I stay or should I go?” No humiliation applies in any failure there. Stocks are not a love affair, exactly. Everyone takes their turn in the spank line, in stocks and love. Enjoy it, especially when it’s someone else’s turn. We do.
Being paid is why we all do it. The risks we take are why we’re paid, and others are not. We work our asses off, yet stared like some goofy stuffed animal as macro concerns drove cash out of high-multiple growth stocks. The move punched a fat drain hole in three of our positions. We’ve ridden Alteryx, ETSY and New Age Beverages down like ticking time bombs. All have gone off ugly-time. Now what?
Unwinding ugly is typically painful, but much less so then conducting no salvage at all. Our first move is getting positive about it all, and examining each position closely. Now we’re sharing some takeaway with you. Enjoy. STOCKjAW addresses the problem…”Leaving, When You’ve Lingered Too Long.
Salvaging a Smoking Stock Position.”

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