Quote:
Originally Posted by GregWeld
It will be interesting to have you all be "on board" here long enough -- that you will be witnessing "MATERIAL CHANGE" to McDonalds (MCD) with yet another U.S. CEO change at year end.
MCD was horrible -- they did a corporate CEO change and BAM! The stock, sales, etc went up and all was good...
The U.S. CEO is retiring and we'll have to see what happens on his watch.
My take?? I never like to stand in a tunnel when I see a headlight... I prefer to step aside - watch whatever - and then re-asses. Particularly if I have a nice gain in the name. Nobody ever goes broke taking a profit..... is my theory there. It's had a nice run.... so does the new guy make it run even more? Who knows? And that's why I prefer to stand aside.
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Interesting, when you take profits its noble, to step aside and wait to see what happens, but when I propose essentially the same thing you are stating here, I'm trying to time the market...please explain?