DCBO sell or keep.

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Went up 8%. Should I sell it to take a profit in case of market crushing then buy it again in deep?
Thanks,

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Asked on September 30, 2020 6:01 am
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Thanks so much for your comment!

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Posted by Monica Hwang
Answered on September 30, 2020 2:57 pm
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Hi there,

This is entirely a decision to be made by the individual investor. In our opinion, it is best to hold stocks for the long-term and any stock added to our bull list as the long-term view in mind. This means, that we are comfortable holding this stocks for years to come. However, there may be reasons why investors will want to cash out of their positions after short-term gains, such as requiring the liquidity, seeing a more attractive investment opportunity, fear of a big crash, etc. Everyone will have their own investment thesis, and reasons for buying/selling.

We however, tend to ignore the short term noise unless there is a material impact on the company. At this stage, we like DCBO for its long-term prospects regardless what happens over the short term.

Of note, I am long DCBO and have no intentions of selling.

Mat

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Posted by Mathieu Litalien
Answered on September 30, 2020 7:50 am