Warner Bros. Discovery reported results today that I didn't think were particularly good, but the stock is up significantly because of Trump's win. The stock is up 11% today alone and over 16% in the last 5 days. I have their stock in my portfolio, I'm finally in a solid profit and I'm thinking of selling part of my position.
What do you think of $WBD's results ? Do you think now is a good time to take profits?
The stock may be rising, but it will be short-lived. With this company, I don't see why I should have their stock in my portfolio, so I haven't bought.
I think it's a fine speculation, if I were you I would sell part of the position and take the profit.
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That's some beautiful growth. I've only had company on my watchlist so far :) We'll see how it goes in the future. I might consider buying after some overall analysis of the company