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Thread: Selling My Coke

  1. Default Selling My Coke

    Want your opinion. I have 2,000 shares of Coke. I am with Scottrade. I want to take some profit off the top or bail out of it. There are several things to do with this. Sell one thousand shares say at 42.50 or divide this up into 200 share chunks and put in a future sale at different limits say (200 at 42.50) (200 at 42.75)etc. How would you handle this.

  2. Default

    First things first. DUMP Scottrade. Consider "Interactive Brokers."

  3. Default

    And who or what would be an interactive broker

  4. Default

    Use limit orders, put in a 200 share limit order in at 42.50 then put another limit order in for 200 shares at 42.75. Make them good til canceled.

    KO currently consolidating between 39 & 40. Could go either way yet. Not sure what your entry price is, but it could be a stop limit if support level ends up failing. This is where those conditional order types come into play. One cancels another, one triggers another, etc.


  5. Default

    Have those prices locked in for good till canceled. Like coke, this is the second time I have had 2k shares. Sold 1k couple years ago and did some remod on the house, stock split and here we are today. Need to get rid of some more items I have running average 38 39 percent gains on them. Thanks for the input.



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