Since, I bought it at $118.89. The stock has a crazy run all the way to $136.11. I figured, why not profit $352?
And so I sold it. Maybe it a big mistake, it will run back to $160s which is the fair value. But the election is a week away. I’ll buy it back if Hillary win. If Donald wins, then the stock market would doom anyway, I might need the capital to buy like crazy.
With this sell, it will increase my shorting profit for this year to: $2541.59.
It’s definitely not much. But a little bit helps.
What do you think? Do you sell stock quickly if increase in value too fast?