With the recent run up in share prices, I have been asking myself whether it is time to take a little but of money off the table. Given that just about every decision to sell a share in the last few years has been a bad one, my judgement in these matters is clearly suspect.
In any case, I sold a few of my shares in Sinolink Holdings (HK:1168) at HKD 0.80 on Friday and a few more and HKD 0.82 this morning. Average purchase price (including transaction costs) was HKD 0.63. While it's nice to make a decent profit, given my opinion that the shares are worth considerably more than the current share price, I still hold most of my shares in this company.
Post a Comment