Bookkeeping: Selling Almost all Remaining Las Vegas Sands (LVS) on Earnings Spike

It's been a good enough run for me; with Las Vegas Sands (LVS) bursting to mid $40s area, my cost basis for this 'breakout' trade from $33 has served very well.  In retrospect every sell order along the way has been 'early' just as today's may be, but never scorn a profit.  Someone more aggressive can just slap a trailing stop of some sort and let this run to $50, $75, $100 - wherever it is headed.  I am going to sell the majority of what remains (keep a 0.1% exposure) and see if I can buy a dip somewhere along the line... if not, so be it.  I continue to like this name long run, even though I find it expensive - even with yesterday's beat on earnings.

This last batch ended up being about 1.4% of the portfolio, and in about a 6 week holding period was exited with a 36%ish gain.

Long Las Vegas Sands in fund; no personal position


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