One stock that I have owned for about a year I sold 2 weeks ago was China Medical.
I wanted to raise cash. I had bought it around $22 and sold it at $35.50.
I wanted to hang on to it for a long term investment but I needed to raise cash and sold it for a long term gain 13 months for a 60% profit.
Now everyone wants to be able to buy at the bottom and sell at the top. They say they don't ring a bell to tell you when that happens like a dinner bell. Don't you wish they did?
But just like a child you wish. Reality is don't wish just do it.
Psychologically one must be happy with a 60% profit in 13 months and don't look back.
You can kick yourself all day long about missed opportunities but today and tomorrow another opportunity is going to be available to you. All you have to do is find it.
Just because I sold CMED doesn't mean it was time to get out because I had other issues driving my decision.
Today I am recomending buying CMED becasue the public is starting to buy it more. It is a good momentum stock and has a great growth story. Buy at $39.00 or better after Bernake speaks at 2:00 PM.