Good question, “when to sell” baffles many people, some go by measurements, some adopt a system. But there’s no denying the track recordes of the “smart money”. Anybody who got into GM around Kirk Kerkorian is looking at upwards of 50% return for the year.

Was there anything different about GM when Kirk got in? No. But Kirk became a catalyist by forcing a lot of tough union negotiations to take place, mostly ending in GM’s favour. My point about this is that the gurus that are active shareholders often can stimulate positive change, and markets often take note of this. Many gurus are there are still passive invetors, and it might not make as much sense to follow “passive gurus” if they are not able to take the stance of a sharholder, get a seat on the board etc…

BTW, should anybody sell GM right now? or keep watching the Kerkorian show go on? I also wish I have answers for that.

If you follow the guru’s picks, you’re always buying and selling late. Lagging.

How do you know its still a good time to buy? Or sell?

You don’t.

I’d rather do my own research.

Thanks for adding the links. A great mixture of opinion and substance.

And, dividend stocks are just like baseball cards.

- Steve