my stocks keep going down and down. should i sell!?!?

Question

my stocks keep going down and down. should i sell!?!?

Answer 1

You're not doing any worse than the S&P 500. A buy/sell decision depends on your financial situation and objectives.

Answer 2

What are your long term goals?

If it's to build wealth, I would keep all 4, buy more V & YGE.

V due to it's forecast compared to MA(mastercard) & Amex

YGE due to it's current cost.

Answer 3

Always consider the company you are investing in AND the overall market condition. Right now stocks are down overall because of oil and low consumer confidence. If the companies you invest in are solid, I would say hold. The market will turn around, but it could also go down even more before it rebounds. People are nervous about oil prices, knowing that people have less money for everything else when gas is high. If you have your life savings in stock, I would pull some of it out for safe keeping if you don't lose too much in doing so. Good companies in hard economic times are the essentials, like food and medicine. I think WalMart will go up because of people looking to stretch their dollars even further as oil goes up.

Answer 4

Stick with it and be patient. Yes, it can be frustrating when you see all of your money go, but it has to come back to it's original worth sometime. It may take a few years on some, but in the long run it will be well worth it. You can drive yourself crazy watching the numbers go up and down all day long. 14 percent isn't bad. Some of mine are down 90 percent. When you first bought what was your gut feeling on when you would sell. Mine is usually double unless it's the 1 cent stocks then I go for 10. Be patient until it hits that point. Afterall you did invest to make money right!

Answer 5

No, you should be buying more. But not necessarily of that, diversify. Many bargains out there.

Answer 6

You asked a very direct question, but didn't give enough information to help us devise the best answer for you.

Ok ... you did give us the tickers. Based on what I see there, keep PH ... it is a great company in the business of keeping industry more efficient. It'll be a winner. I'd probably buy some more on miserable days ... use a limit order to help control the price you pay. Look for the price to settle around the mid 60s.



I also see two solar plays ... not too good. These are speculative plays ... dump one of them. Which one? Depends on when you bought them, how much you paid, etc. Only you can figure that one out. Overall CSIQ looks to be the better company, but YGE has promise, too.



On Visa ... hmmm ... this is a former "hot" stock, which is one of the hardest to own. I would look for the price to settle down around 63 to 65, and buy more IF you really believe in the company's prospects.



Please keep in mind that we are in an extremely tough market right now. I'm a seasoned investor and I've fallen for some of the head fakes Mr. Market has displayed this year. Sigh. Right now I'm bearish and mostly sit on the sidelines. It gives me a chance to enjoy the summer.

Good luck!

Uppity Wench

Answer 7

It all comes down to why you bought them and why you are holding them (not necessarily the same thing).



This sort of reminds me of when I was coaching a kids soccer team a few years back. The issue I gave to them was this, as a team there are two basic questions: (1) do we have the ball, or (2) do they have the ball? If they have it, we need to get it. If we have it, we need to score.



Okay, you have four balls in your court, what made them worth buying? What is your definition of a score?



If you measure your score card by what they are priced at now in relation to what they were yesterday, last week, etc., then this is simply price trading.



If you bought, for instance, Canadian Solar, then you went from profitable in 2003-2005, to losing 50 cents a share in 2006, to losing only 1 cent per share in 2007, as well as a revenue progression from 4k, 9k, 18k, 68k, and 302k in the meanwhile. If you are buying because the business is dramatically expanding and likely to earn some serious profits, then you hold on (and maybe add some).



But if your issue was that you bought it at 51 on June 19 and it is selling at 30 today, then the issue is what took you so long to sell?



If you were trading, then you were asleep at the switch and the loss was a disaster to you. If you were investing, then, Hey, there is oodles of time for future profit reports, no problem."



So how are you playing this game, and what constitutes a score to you?

Answer 8

Pick the best of the best of what you hold right now, add to those positions and reduce your loses by cost averaging. The market won't stay down forever. There's an old Scottish saying, "What goes up must come down". Consequently the same goes for those the market and what goes down will eventually go up. You have to decide if your it it short term 6 - 12 months or are you in it for the long haul? This would be 2 - 10 or more years. I can't tell you what to do with your money, I'm only sharing with you what I do.



In my humble opinion I would rate your positions from best to worst PH, CSIQ, V, YGE



I won't buy any stock that I can't hedge a lose on by buying a PUT on it if it does go down. It's worth the consideration.

Answer 9

I have some declining Corporate Bonds.



Wanna trade?

Answer 10

No you are invested in ecomnomic friendly alternative energy companies. I would continue to buy chunks on the way down. They will eventually bottom out as soon as this fear of oil dies down. Also the future of these companies depend greatly on the november election. McCain is interested in offshore drilling and more interest in foreign oil and nuclear energy. Obama in conserned with ethanol and solar and wind power. If Obama is the next president these companies will suceed far beyond any financial or retail sector. retail sector bad very bad. I personally like FSLR- First Solar. It the largest solar copr in the world. My only issue with solar is that its an expensive source. Although i feel the demand will soon meet the supply. I just took a brief look at two of your companies and i was not impressed they have high multiples and there earnings dont justify the price. I believe they are over priced on heavy trading do to fear of energy one of you companies CSIQ has a 52 week low of $6 and is selling at $30 per share. I feel that stock is begining to decline to intrisic value and future growth is being ignored. Yes half the time wall st gets it wrong but in a tarding point of view sell in a long term investment i would look at the companies goals the mangament take a look at the numbers and historical stats and take a conservative view of it. Value it out using fundamentals such as net asset value and net asset value which are the two first things i look for. look at book value compared to intrisic value otherwise what the investors have in the CO. compared to what they can take out and if the numbers look postive i would buy on the way down let the stock fall a little. the market is not going to make a 360 degree change in one week trust me we have a lot of waiting thats why be patient and take a value investingpoint of view thats what i would do with these energy stocks. Not to bad for a 15 year old teen huh. well i hope i helped.good luck

Answer 11

1

Answer 12

Penny stocks don’t cost much money and promise big profits. But trading penny stocks is also a good way to lose money.



Sure, it’s possible to profit when you understand the game. Learn here https://tr.im/abIxp



For investors who can’t afford shares of Google or Apple, the potential gains from trades like this are too good to pass up. So penny-stock trading thrives. With a relatively small investment you can make a nice return if the trade works out.

Answer 13

Are they producing good dividends for you? ie., are you getting the same (good) cashflow from it? If so, you may stil want to keep them, and even buy more now that they're cheap.



But I haven't looked up the tickers. If these are shaky companies in non-necessary industries, well... I might sell, especially if they have no dividends. You can see I'm a big dividend investor.





MoneyEnergy

http://www.getmoneyenergy.com

Answer 14

When did you buy the stocks?

Why did you buy the stocks?

Can you wait , and how long can you wait?

The whole market is down, so of course your stocks are also down.

None have big dividends, so no money is coming in while you wait for them to come back.

Let's look at each company individually,

CSIQ- Canadian Solar Inc. The Group's principal activities are designing, manufacturing and selling solar module products that convert sunlight into electricity for variety of uses. The Group is incorporated in Canada and conduct all manufacturing operations in China. These solar power products include a range of standard solar module built to general specification for residential, commercial and industrial solar power generation systems. Other activities include the design and production of specialty solar modules and products for use in solar-powered bus stop lighting, specialty products such as solar-powered car battery chargers, engaged in solar power developing projects in providing solar power generation in rural areas of China. Its products are sold in Germany, Spain, Canada, Japan and China. Great company product, and should be excellent in the future, the financials look good, if you don't need the money I say hold it and buy more if you can to cost average down. It's like a suit going on sale for 20% off, but it!

V-Visa Incorporation. The Group's principal activity as a credit card company is to operate retail electronic payments network providing processing services and payment product platforms. It facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities. The Group provides financial institutions, its primary customers, with product platforms encompassing consumer credit, debit, prepaid and commercial payments which are offered under the Visa, Visa Electron, Interlink and PLUS brands. Its global network, VisaNet, delivers value-added processing services, including fraud and risk management, dispute resolution, rewards and other business-enhancing applications. I think Visa will come back as well, great company, but MORE!!!

PH-Parker-Hannifin Corporation. The Group's principal activity is to manufacture motion control products, fluid power systems, electromechanical controls and components. It operates in three Segments: Industrial Segment, Aerospace Segment and Climate and Industrial Controls Segment. The Industrial Segment produces motion-control and fluid systems used in the manufacturing, packaging, transportation agricultural, construction, and military vehicles and equipment. The Aerospace Segment provides systems and components for hydraulic, pneumatic and fuel applications. The Climate and Industrial Controls Segment manufactures components and systems for use in the refrigeration and air conditioning and transportation industries. It operates in United States and Other Countries. Another good pick, buy MORE.

and finally,

YGE-Yingli Green Energy Holding Company Limited. The Group's principal activities are designing, developing, marketing, manufacturing, installing and selling photovoltaic products in the People's Republic of China and overseas markets. Its products and services substantially cover the entire PV industry value chain from the manufacture of multicrystalline polysilicon ingots and wafers, PV cells, PV modules and PV systems to PV system installation. Its end-products include PV modules and PV systems in different sizes and power outputs. Yingli sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, China and the United States. So you like China do you? So do many investors, thier future looks very bright.

In Conclusion, if you don't have to sell, don't. If you have funds to buy more, do so. These are solid companies that will come back and probably make you money, if you have time, 3-5 years from now you will be a happy investor.