Should I Sell Novavax Shares?
It's hard to sell a winner. Any time I even think about selling some Novavax shares (NASDAQ: NVAX), the darn stock price goes up another 6%. I also haven't taken any profits yet from my investment in the biotech because I haven't even owned it for a year, and there are tax advantages to hanging on at least that long.
Historically, my worst investment mistakes were my sales. Over a decade ago, I sold Amazon and I sold Netflix. That's kind of like leaving $1 million on a bus.
Don't kid yourself about selling a stock -- it's the most dangerous thing you can do in the stock market. Forget about all those bad buys you and I have made over the years. What did you lose in your worst picks, 90% of your money? All of those poor purchase decisions are so irrelevant.
Source Fool.com
