Originally Posted by
Ferd149
With the stock going back up a little, where is everyone think is a good point to sell?
I was dumb not to get out at $14.........I'm thinking if it gets back to $10 I'm out, but $9?
Ferd
Ferd;
Here's my POV on DAL stock...my advice is worth what you paid for it...and you have to ask yourself: am I short term or long term.
Long term, hold, may get to 17-18 or even higher. Long term being 2-4 years. There is IMO significant opportunity cost associated with waiting for this to happen.
Short term 12-12.50 my estimate is by april of 2012. That price may be too far away for you to put in an auto sell order right now...which would be good for someone who doesnt monitor the market daily...but its worth a try.
IMO bad idea to plan to sell at 9. Its worth more than that and will rapidly blow thru that level once we are out of the speculatively volatile mkt we are in right now. There is lots of money to be made in a market like we are in right now.