Hi KC. So for stocks like Homeriz, Pintaras, Willow which have gone up significantly, what's the right price to sell? Is there a reliable financial measuring tool(are you suggesting to use IRR?) on whether the stock is overvalued? Also does this mean that we do not sell when the stock price has gone up substantially in a very short time say due to a rerating and is in overbought position and hope to buy back when the price has retreated to a lower level? thanks
Blog: How to identify quality growth stock: A Case Study kcchongnz
2015-02-25 12:20 | Report Abuse
Hi KC. So for stocks like Homeriz, Pintaras, Willow which have gone up significantly, what's the right price to sell? Is there a reliable financial measuring tool(are you suggesting to use IRR?) on whether the stock is overvalued? Also does this mean that we do not sell when the stock price has gone up substantially in a very short time say due to a rerating and is in overbought position and hope to buy back when the price has retreated to a lower level?
thanks