It’s the end of the month. This would normally mean that it’s time for me to review and consider selling any stocks that I’ve held in the SIF folio for nine months or more.
In the turmoil of March’s market crash, I suspended my usual month-end review. I could see no benefit in selling stocks into such a negative market. This week, I need to decide whether to return to my normal trading rules or extend my selling ban until visibility improves.
I’ll also take a look at the latest news from three stocks which should be under review this month:
Capital Drilling (LON:CAPD)Hamp;T Group (LON:HAT)Medica Group (LON:MGP)The lockdown dilemma
In my main personal portfolio, all of my positions are held for the long term. Managing the crash has been relatively easy. So far, I’ve only sold one share in this portfolio this year (to swap for a better quality peer). Otherwise, all I’ve done is to selectively average down on some positions.
The situation is more complex for the SIF folio (which I also own in smaller size). This is essentially a trading fund, where the typical holding period is just over nine months. I…
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