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QuestionsCategory: MiscellaneousPossibility of selling close to peak price for growth stocks
Jun Song Lim asked 2 years ago

In a stock market, for a seller to  sell away their shares it is understood that there must be a buyer who is willing to buy their stocks at bid price. The question here is since growth stocks(especially US assets light company) are continuously compounded over the years is it even possible to sell our stocks at peak price(or at least close to the peak)?
Meaning would there even be a possibility that buyers would buy at the peak,since most of the investor objective is buy low sell high.

1 Answers
Victor Chng answered 2 years ago

Hi Jun Song,

 

It is hard to time the market. you can sell at high valuation but it may not be the peak.

Jun Song Lim replied 2 years ago

Thanks victor!

Victor Chng replied 2 years ago

welcome :)