What Price Should I Exit My Altria Stock At (MO), I'm In At $76, Thinking $94 To Be Out?

Question

and take a damn fine profit with me? You think I should price my exit higher?

Answer 1

In my case tactically, on any stock, once I am assured of a profit, relative to my entry point, I enter a "trailing sell" order a specific % level under the stocks achieved high. I.e. a 10% trailing stop order will take your order and make it a market order if the stock dropped from 100 to 90, if the stock goes to a high of 120, then the stop is moved up to 108. The stop NEVER goes DOWN, unless you change it. There are risks in being unexpectedly "stopped" out, but in retrospect, the "stopped" trades I have been involved in worked out well for me.
If you know the absolute top of the stock, well sell it there. From what I can see, this system works better for me that guessing and protects me from unexpected events.
Do NOT take my word and use a straight 10%, unless you game around a bit and figure your own level.
If your brokerage company does not provide "trailing stop orders", well you can look up "Parabolic SAR[Stop and Reverse] indicators and let that idea help you set a place you like, as a moving percentate of your stocks price.

Good Luck

Answer 2

I made some money off Altria couple of years ago. Bought at 57 sold at close to 70... It may go to 90+, but I bailed out: too much anti-smoking campaining around the world and all the lawsuits make it risky. Good dividents though!

Answer 3

Altria Group has historically been one of the best performing stocks, it's something you buy and hold forever!

Answer 4

in case you had one hundred stocks on March 28, it became fairly worth $7383 (on the close). the subsequent trading day, you've got had one hundred stocks at $22.20 = $2220, plus $5106 in dividends receivable, for a comprehensive of $7326. The a million-day loss became basically $fifty seven, or $0.fifty seven in holding with percentage, or -0.seventy seven%. no longer something to get excited so about.