STMP

[adr]

SOL,

Do you have an opinion on STMP?
It seems to be climbing up relentlessly

Thanks

[Yodean]

Oy vei, I'm certainly no master of technical analysis, a dabbler at best, but STMP to my eyes appears to be forming some variation of a triple top . . . also overbought on several indicators. I pretty much never short anything, but if I had to short a small amount in something, I would actually consider shorting this stock, lol.

[SOL]

In short, the stock is trading in the extremely overbought ranges, it could trend higher, but we would not open a position in such a stock. We prefer to get in when the odds are in our favour; this means that the stock should be trading in the oversold ranges and the more oversold it is, the better

[adr]

I used to work for them long time ago, and accumulated a lot of stock pretty cheaply.
So I am sitting on a big pile of gain.
They help up really well thru the covid downturn, but is it time to sell????

[Yodean]

I used to work for them long time ago, and accumulated a lot of stock pretty cheaply.
So I am sitting on a big pile of gain.
They help up really well thru the covid downturn, but is it time to sell????

Nobody has a crystal ball that works consistently, although Sol does come close. The following does not constitute specific financial advice, merely my heavily-filtered and likely somewhat biased opinion :

It depends. You have what I call a "high-quality" problem, i.e. when to take profits, so congratulate yourself. A lot of investors had a terrible time in 2020. So, good on you.

Consider selling a portion, say, 10% - 20% of your total position. Then, set a mental stop limit to sell another 10% - 20%, if the stock price drops, say, 10% - 15%. If that doesn't happen, you just let the remainder of your position run. So, it's like a type of mental trailing stop limit. If the stock price keeps falling, you just rinse and repeat the above until you are down to a core HODL position, whatever you may feel comfortable with. You could also use moving averages, etc. as rough guidelines of when to sell, etc.

Many ways to skin a cat. Also consider capital gains tax. Here in Canada where I live, we have to pay a lot of capital gains tax, so one has to somehow factor this in when to take profits.

Best of luck.