So I'm sure a lot of us have experienced some dramatic run ups in the past few years. One of mine is Corning (GLW) I bought it yearssss ago when it wasn't cool with an average cost of $35.
Now my issue isn't the waiting when I understand a company well and have determined the market is undervalued it, my issue is figuring out when to move on.
The company is still really solid, which is obviously why market sentiment is so bullish, but the P/E (yes I know this is just one metric) is over 120 now.
My usual mo is don't sell unless the story has changed or you've found a better opportunity. The usual lynch "don't water your weeds and cut your flowers" but these dramatic run ups are making me nervous. If anyone has any articles or guidance on \*when\* to sell I'd appreciate it because I feel like it's a missing component of mine. Thanks for your time