should I take the stock called ges split or sell it?

Question

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Answer 1

Most splitting companies run up toward their split and then shortly thereafter, have a bit of a post split depression. So, depending on your time horizon for investing and your tolerance for a pullback, you have to make the call. I'm guessing you had GES for a little while, so you should be happy with your profits.

If so, you might consider either continuing to ride the move and potential pullback, or set a trailing stop on a percentage of your stock to lock in profits.

After all, there's nothing that says that in a week or month or so that you can't get back into the stock.

The only other consideration is how long you've held the stock. And that's because of long term vs. short term tax implications. I'll presume you're already aware of those though.

I'm a shorter term trader, so I sold mine Fri and today. However, what you do is up to you. You know what I did with mine.

Hope that helps!