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Online Share Trading

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Reasons to sell

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Not applicable
Would you sell a share purely because you are embarrassed to admit you hold them?
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10 REPLIES 10
Brazen
Super Contributor
mmmm interesting question Mboy. My first instint was to say yes, absolutely. But then I thought about AGL, the gold miners, SOL's safety record etc. Big business and morality - how much has changed since they sent kids down the coal mines.
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john_1
Super Contributor
I think the question should be Is this a good reason to sell short!
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Harathke
Regular Contributor
Fund Managers would say "yes", but I say....define the "reason" for the embarassment, i.e. it depends...
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CE
Super Contributor
Does ABO fall in this catagory somewhere ?
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Brazen
Super Contributor
LOL CE! Is that an admission? Cos you should be embarrassed. God, never mind embarrassed, you should join some kind of group.
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Blik
Super Contributor
if thats an ethical question, I do know some people who wont hold any alchohol related shares for example. I personally have no ethics when it comes to shares...although maybe I should
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CE
Super Contributor
B-babes ! Be nice now, was just so tempted .....
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peekay
Frequent Contributor
Ethics? What is that? Insider trading? What? Look at the volumes of Rainbow Chicken before the public holiday, and then a 35% jump in price after the long weekend. And then this is supposed to be ethical and insider trading not allowed...... Makes you drink, doesn't it....
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john_1
Super Contributor
I met one of the guys who made up a large part of that volume, A bear who had his ass kicked and was buying out of desperation to cover his losses. No insider info he tells me just pure desperate luck.
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Not applicable
Well my JDG are sold. Was my reason embarrassment, a bit...did I sell because I thought the price would drop, a bit. But I often wonder if I would hold certain shares if my friends and family scrutinised my portfolio. It is like the question "Would you commit a crime if you knew you wouldnt be caught."....which is kinda what JDG have been doing.
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