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I only buy companies based on the assumption that they will be bought out so I never have to set a sell price.
Keep this in mind - your sell price is based on your own risk profile. IIf you're happy with a 20% gain, by all means take it and run for the exit. I invest in mining companies and anything less 100% gain is failure. Look at the portfolio managers that invest in mining. The majority of the portfolio grows slowly and surely but a handful of the companies carry
it to superstar gains. For the pm they usually start taking profit after 4-5x their initial investment.
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