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The Art of Selling: When to Sell a Stock?
By TortoiseMoney  •  August 9, 2021
So, you’ve done your research, pulled the trigger, bought a stock. Some time passed, and you actually made some decent gains. But then, when do you sell your stock? I’m sure some of us have had the experience of selling too early where we sell and stock rockets off without us. Take Reuben, a 2nd year student in university. During the Covid-19 period, he saw a rise in the need for cybersecurity software due to the need to secure company data under work from home arrangements which were increased tremendously due to the lockdown. As such, after some reading into the industry, he bought into Crowdstrike Holdings, a cloud based cybersecurity company based in the US, at USD 133.90 per share, on 24 Sept 2020. Fortunately for him, Crowdstrike released a fantastic set of results for its 3rd Quarter on 2nd Dec 2020 and the stock eventually rose to USD 177.48 after a few days....
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By TortoiseMoney
Hi there! My name is Chris, and welcome to TortoiseMoney. I’m a dude from Singapore in my mid-twenties in Accounting (I know, typical), with a dream that many around me might consider impossible: to retire at 40, travel the world and start a small business. Well, when did this all start? Let’s go back, way back…
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