So you owned a REIT or a stock. How do you determine in the face of much uncertainty whether to sell or hold on to it, or purchase more? Jessie Livermore the great trader said his biggest gains was made by him sitting on his position, but how do you build the conviction that you have something good and sturdy, and perhaps add on to that position?
I thought I will give an example of how I view a recent quarterly reports of a REIT that I owned, to work through its uncertainty to see if I can determine if things are ok, and whether it is good to hold on, add more or just sell it away.
Frasers Commercial Trust (dividend yield 7%), an office trust listed in SGX announced their 3rd quarter results. Its share price have moved up a bit, perhaps less than its ......