I received an email from a reader (whose name I’ve concealed) who asked for my opinion on his recent purchase of stock which leads me to write this article. In the email, he mentioned that he initially bought OCBC at a share price of $11 with the intention of holding it long term. However, as the stock market continues to go up in the past recent weeks, he is now sitting on a decent capital gain over a short period of time, which I assume he did not initially expect, and now faced with a situation if he should sell his stock to lock in the capital gain. Now, for the purpose of this article, I will be focusing more on the logic behind his action rather than the company itself so I won’t be discussion any of the company’s fundamentals. In today’s bull market where share price continues...