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Sunday, June 26, 2016

NY Mets OF Michael Conforto Demoted - Lesson In Timing

This weekend Michael Conforto of the New York Mets was sent down to the minors. He's been struggling at the plate all season and the Mets finally decided to send him down to work on his swing. New York is a big market so his cards prices still remain high, but values have fallen since his breakout performance in the World Series. I still stand by selling when I can collect a profit I am comfortable with. Timing a breakout season or Mike Trout type run is very risky. If you can make 20% or more on your investment after fees, take it. No need to be greedy. Are there exceptions to this? Yes. You should not be risk averse all the time but when you do take a risk be calculated. Use the stats and trust your gut.

4 comments:

  1. Hi, I'm a huge fan of your website. I was just wondering if you would have a section for all prospects that says BUY or SELL. That would be great for a prospector like me. Thanks, Adam

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    1. Hello Adam123nats. Thanks for the support and I'm glad you like the content. I will definitely have a section that discusses those topics.I will also include a HOLD recommendation. Any players you have in mind that you need advice on? Feel free to contact me on Twitter @prospects4cash too.

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