Is the following sound adivse?

I own CRDN and have experienced a 129% run up for the last three years. To back track a bit, I love General Electric and think the company is poised to move past their 3-5% yearly movement. To connect the dots, I'm think about pulling my initial investment in CRDN and purchasing GE once more. I will keep the remainder in CRDN for hopes that it keeps soaring.

My concerns: I worried on both side of the fence. If I pull my initial investment, then I potentially loose any upside of the highly volatile (until now and hopefully future, positive volatility) CRDN stock. If I leave my initial investment and the stock starts to slide, I miss this opportunity to pull capital and reinvest.

Is this a sound strategy?

It would be better to consult an investment manager.

are you on crack? of course you should sell all of your holdings and purchase every share of Starbucks (STBK) you can get your hands on. Rupert Murdoch (News Corp and Fox News) is purchasing Yahoo through a divestiture of YouTube. This will place shares of STBK in a precarious position relative to Seattle's Best Coffee (SBCF). With the additional legislation on Hedge Funds (moving from Cap Gains to straight Income taxation rates) the rebound of STBK is assured. I fully expect STBK recent 30% decrease to turn around with a 90% net gain in the next 6-10 months!

1MO

Done! You da man. I’m all in baby. This indexing stuff is freaking boring anyway. Going to get me a tripple nofat 3 splenda double shot upside down Caramel macchiato. Cheers!

are you on crack? of course you should sell all of your holdings and purchase every share of Starbucks (STBK) you can get your hands on. Rupert Murdoch (News Corp and Fox News) is purchasing Yahoo through a divestiture of YouTube. This will place shares of STBK in a precarious position relative to Seattle's Best Coffee (SBCF). With the additional legislation on Hedge Funds (moving from Cap Gains to straight Income taxation rates) the rebound of STBK is assured. I fully expect STBK recent 30% decrease to turn around with a 90% net gain in the next 6-10 months!

I don't know what was funnier, the mis-tickered coffee/bank stocks (or vice-versa) or the purchase of Yahoo through a divestiture of YouTube.

Gary has definitely rubbed off on you, 1MO! Next, you will be linking some Kansas and wrestling videos.

thanks for bringing this thread back to the front dingo!

on the topic of my stupidity, for some reason i BELIEVED that starbucks was privately held and thus had no ticker symbol (so i made up that one). i know they dont franchise and that connected erroneously to "private" ... oops.

my larger point, which i hope was taken by most (including the OP) was that you should never ever ever EVER take specific advice off of a bulletin board. how does ANYone know who ANYone is on there (except for gary) and why would they take their advice (especially gary's)!!!

i mean look at my post ... doesnt it SOUND like it could be true? even though it is a litany of made-up'isms?!?!

A resident of San Francisco, Cheng holds a PhD degree in mechanical engineering from University of California, Los Angeles, master's degrees in mechanical engineering and technology and policy from Massachusetts Institute of Technology and a doctorate in mechanical engineering from University of California, Berkeley.

sell to lock in gains... you could go from +129% to minus 50% without much effort unless you sell. Even if you sell you might lose money.

It's called market risk.