Supergroup!

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9 years 9 months ago #20345 by Francis
Supergroup! was created by Francis
I've vested almost 200k on supergroup from my target price of 1.36 till it's current price of 1.45. I'm tempted to cash out now as i'm sitting on a tidy profit should i or should i not? My broker has recommended me to cash out and buy in another counter... So i am at lost of what to do

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9 years 9 months ago #20346 by Gin
Replied by Gin on topic Supergroup!
If this is your only stock, it might be better to cash out part of it and diversify your portfolio of stocks. Otherwise, if you have faith in the stock, no harm holding on to it if you see the potential. Ultimately, you have to make your own decision, I guess.

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9 years 9 months ago #20353 by sykn
Replied by sykn on topic Supergroup!
My own rule of thumb is - not more than 2% for the best of S-chip counters and not more than 4% of my portfolio value for local companies.

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9 years 9 months ago #20359 by Francis
Replied by Francis on topic Supergroup!
Thanks guys! Great help really... I have diversified a chunk off and decided to keep holding on to supergroup... Damn glad i did not sold them all!

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