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I have 7 shares of thomas cook, cost is 77rs. its now going up, what to do ? hold or sell?


I have 7 shares of thomas cook, cost is 77rs. its now going up, what to do ? hold or sell?

Well I don't really know anything about the company, but I got a quick quote and one thing I found disturbing was that they have an unheard of P/E ratio of 0.89. While most people are taught that the lower the P/E the better I don't think that's always true. If a company has a multiple under 5, it probably means something is wrong that's scaring away investors. However I guess with a P/E ratio under one you are paying less than the breakup value for the stock. I would just hold for a while and see what happens.

Why did you buy that stock in the first place? If the reasons you bought it are still valid and you think it has more upside,then hold on. Otherwise, if it has hit your target price or if you believe the business is deteorating, then you might want to think about selling. I really have no opinion of thomas cook

hold for target of 150

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