Sell GRBK After Underperformance and Extended Hold

3 months ago

"Now, yesterday I talked about, you know, Alpha Pix. There was a sell in the Alpha Pix portfolio yesterday. This was added back in July of 2023 and gained 20% while the S&P during that time was up 50%. So I would consider that a loser. A stock over two years made 20%. But if I just had it in VO that money I would have made 50%. So even though it's a positive I consider it a negative. Why was it removed? Well it was removed because it was a hold for more than 180 days. So, I looked at it, just crossed its 200 day, it's got its earnings coming up. I don't see anything on the horizon. I sold it. I sold it."

The speaker details a sell decision on GRBK, explaining that even though the stock had a 20% gain since July 2023, it underperformed the broader market (S&P up 50%) and had been held for over 180 days. The sell call is based on it crossing its 200-day moving average and showing limited future catalysts.

Related Stocks