Introduction
It is my first stock sell since May 2019. I only made three times purchase of stocks, but this is my first time to sell stocks in less than two months. I like to learn how market works, GE stock works for me as a long term investor.
540 shares sell order
As a long term investor, I started to work on GE stock research with purchase of 60 shares. And then I had chance to review performance of GE stocks, and then asked why the GE stock had 28% loss; Based on my learning, I decided to purchase 40 shares on May 15, 2020. In less than two weeks, I noticed that GE stock had more than 14% rebound, so I learned that 5.5 should be the bottom. I purchased 500 share on May 22.
After less than three days after my purchase 500 share, GE stock went up another 14%. I thought that I am a long term investor, so I should not sell. But GE stock dropped quickly 7%, so learned that it will take some time to recover.
I will write business plan for sell of 540 shares of GE stock.
- I will spend time to learn more about GE business;
- I will purchase back GE stock 550 shares when price goes down 6.36;
- I will evaluate risk, and see if I should purchase more shares so that I can learn market swing better;
- I like to see 100% return after two or three years, when GE aviation is back in ...
Follow up
June 3, 2020
1:13 AM
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