Cisco Systems

What about Cisco? Though it felt down some percents but it's still high. Should I continue to keep the stock? what would you do in my case?:confused:
 
One of the most over-rated stocks on Wall St in my view.
Never owned it, don't even look at it. Everyone was pumping it a few months ago....then it dived.....leading me to conclude they must have been short.
 
Quote from SCNinvestor:

What about Cisco? Though it felt down some percents but it's still high. Should I continue to keep the stock? what would you do in my case?:confused:
Are you a trader or a long term investor? If you're a trader it should have been sold already by getting stopped out... you do have a stop order in place, right?
 
Quote from nazzdack:

Sell short-dated, at-the-money-calls against your entire position until the stock is called away and you're done with it.


I will do it. Thanks!
 
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