Look back on it as a learning curve.
He that is afraid to shake the dice, will never throw a six
Chinese Proverb
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I find myself wondering if they will keep buying like they did with LOV and send this up to a multiple we haven't seen before ? Its one way of the manager looking really good because they make so much unrealised profit on their earlier purchases (s)he looks like an absolute genius and might even earn a huge bonus. NAH... Probably some conspiracy theory, managers of investment firms never act purely in their own interests instead of their shareholders interests, surely not, (wash my snout out with soap and water). $7 would have them on a historical PE of nearly 15...that's uncharted waters for HLG isn't it ?
Nobody ever got broke by taking profits ... and selling at the absolute peak is - similar to buying at the absolute bottom - just sheer luck. Nobody can predict future share price and therefore it is impossible to recognize a peak or bottom in real time.
Just imagine it would be possible to identify the peak in real time. Everybody with this skill would wait until the peak and than everybody would try to sell at the same time, but nobody would buy (I guess who would want to buy at the peak?). Would make for an interesting market.
Just be happy with your gains and invest the money into some other great growth company. Personally I see HLG still as cyclical - and historically they are well in the upper part of the cycle. There are plenty other companies around which promise in my view at current market price a better ratio between upside gains and downside risks.
Time for a dog of the NZX strategy instead of trying to squeeze the last bit of potential gain out of yesterdays winner? Remember - always leave something on the table for the next buyer ... or you might not find any.
Such a hard problem we all have - exiting out a small proportion of a great investment for a fantastic gain in a short period - and watching the rest still rise :)