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Jeff Santoro

👤 Person
106 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

So one stock that stands out to me is C Limited, ticker symbol SE, because I share the same regret that some of the analysts might have with this one.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

So Rule Breakers sold this stock in November of 2023 after putting it in the penalty box, which is where we stick stocks when we're not sure what to do and we're just holding onto them to see how things go.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

That sale missed out on 223% gains, and that's compared to 44% gains for the S&P 500.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

So we sold out of a stock that was going to beat the market.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

Now, at the time, the reasons for selling were logical.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

Competition was hurting margins.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

And after flirting with profitability for the last few quarters, C suddenly posted a quarterly net loss.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

So the future looking a little more murky than perhaps we thought.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

Hindsight's 2020.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

C Limited's net income was about to march up and to the right for the next several quarters.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

And in the most recently reported quarter, net income hit $375 million, which was a 145% increase over the previous year.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

So the lesson here, I think, is that sometimes patience pays off.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

The strong top line growth in the e-commerce and fintech sectors could have been enough reason to hold on until the bottom line turned things around.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

And, you know, sometimes we need to have the conviction to look at the whole business and not just the struggling metrics.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

And I was guilty of the same impatience.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

I sold my shares just a few weeks before the Motley Fool analysts decided to do the same thing.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

But as you mentioned with Netflix, selling too soon doesn't mean you are locked out forever.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

These massive winners often offer many opportunities to get back in.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

So it's easy to look back at this list and simply blame a lack of patience.

Motley Fool Money
The Pitfalls of Selling Stocks (and How to Avoid Them)

I mean, you could make that argument for any stock that you sell that eventually goes up.

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