Boeing - When is Enough Enough ?

November 21 2006

Four years ago (2002) Boeing was in a funk ... and its stock had dropped from $70 to $45 ... so I bought .... then it dropped to $29 ... and I doubled-down plus (plus meaning I bought the same dollar value as before ... so I bought even more shares).


As all cyclical industries do (and making airplanes is one of them), the stock turned around ... its had its ups and downs ... and has now reached a COOL $91 ... that means I have more than doubled the value (in 4 yrs) on the first purchase and more than tripled the value (in 4 yrs) on the second purchase.  That means I have made a gazillion dollars.


So now ... it seems to me it is profit taking time ... do I cash in all the shares, the first set of shares, or the second set of shares???? What if the stock goes still higher?  What if it drops to $74 ... like it did this past Sept after reaching $88 in May??  Decisions. Decisions.  I think it is time to make my move ... and I want to do it before the Thanksgiving holiday ....


.... soooo ... what will he do ....