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.