Quote:
Originally Posted by Carl Johnson
Notwithstanding this particular stock you guys are talking about. Just a general tip on investing/trading. You need to remember that no one has ever gone bankrupt by taking profits. If you are in the money in this stock, it doesn't hurt to lock some in at this point especially with the huge run up. Bulls make money, bears make money, pigs gets slaughtered. I am not saying it can't go up but looking at the chart, risk/reward is not favorable to the long side.
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Learned that the hard way last year, was up $4k and got greedy didn't lock any profits and got burned hard. Never will make that mistake again!
ps: anyone have experience with Scotia i-trade, thinking of switching to it from BMO investor line.