Two selling questions

Dubs said: "Ok, first stock. Apple (aapl). I bought this when it was around $98 and it has been great to me. It went up like 10 points in two days, and is leveling off now. Sell? Second stock. Taser (tasr). Bought this stock at 11.74 and it had an amazing day today. If you have been following tasr at all, then you would know they are expecitng a large order from the France gvt. Sell?"

Rbreb13 said: "Those questions are something only you can answer. How much profit is too much? Whats your risk tolerance? Is the reason you bought still valid? One choice is to set a reasonable trailing stop (2-10% depending on what you want) and let the trade take you out."

Harry said: "[QUOTE=Dubs]Ok, first stock. Apple (aapl). I bought this when it was around $98 and it has been great to me. It went up like 10 points in two days, and is leveling off now. Sell? Second stock. Taser (tasr). Bought this stock at 11.74 and it had an amazing day today. If you have been following tasr at all, then you would know they are expecitng a large order from the France gvt. Sell?[/QUOTE] APPL= Trading 40x earnings. iphone= Hot item...they can't keep up with demand. I think they need to pump up production but not to much...just enough to keep people WANTING. I think the mojo is already priced into the stock, but I'd look for a large pullback to rebuy. There should be rewards during the next 2 or 3 earnings calls. IMHO :)"

newinvestor123 said: "Those two are both hot, and could continue to go up. Rb's right - Set a trailing stop loss, and let them ride."

ambitions2o said: "Apple has been in the spotlight for sometime right now. Bought them when they were $83. (I'm young so I could only afford 3 shares haha, this was my first real trade though). Like Harry, the iPhone hype is still going. In my opinon, I would hold it for at least they year. My reasoning is between the new OS releasing along with their new chips in their laptops (which has seen an increase in sales from last year) and the 2nd round of iPhones the stock has some movement upward."

bigmike said: "well, I would probably continue to hold Apple for at least the rest of today because so far it is up 2.36%."

ambitions2o said: "+1.....I also would hold until I did some more research into their new release of the "mini" iPhone."