Back to top

Real Time Insight

It was a tough decision to choose just one of my mistakes as the biggest of 2013. I mean there were just so many!

A wise man once said that a person who doesn't make any mistakes investing is someone that has never bought a stock. Those of us who buy and sell lots of stocks throughout the year will always be left with regrets come year end...

I should have sold this stock a few months ago!


Why did I sell this stock!!!!


Why didn't I buy that stock 10 points ago?

Needless to say, mistakes are always painful. When I look back at my mistakes this year, I see two that were really up there. One was more of a moment of weakness, while the other was underestimating the market.

My Big Blunder

My number one mistake for 2013 was selling Methode Electronics (MEI - Snapshot Report) in front of the most recent earnings report. The stock was sliding lower a few days into the release, which was a signal to me that investors wanted less exposure to this name. There was also the Panasonic announcement that they were moving into the touch screen market for automobiles as well. Finally, an analysts whose name shall never B (Riley) mention, came out the day before the report saying they would miss.

My hands were weak and I wanted to protect a big gain so I sold the stock and bagged 90% in 8 months. Pretty good, but when the beat came in and the stock jumped 40% in one day, and that 90% looked really bad.

The lesson here was to ignore the announcements of "pending" competition and focus on the true data that means something. Over the past several months we have watched new car sales come in super strong month after month after month. For a component maker, that is a “tell” that there will be lots of sell through happening for them.

Did you sell (AAPL - Analyst Report) at 400?

Maybe you bought (TSLA - Analyst Report) at 175?


So that is my worst mistake of 2013 - I will speak to another one in the comments below, where I hope you too will share your biggest mistake of the year.


Just Released: 5 Stocks to Double

Today, you are invited to download a free Special Report from Zacks Investment Research. It reveals five moves that could gain +100% and more in the next 12 months:

One is a "boring" business delivering blistering growth. Another is a red-hot oil and gas producer set to surge on a drilling breakthrough. Still another, an online payment provider, ignited a 53% sales explosion during the past year.

Close This Panel X

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
UNITED THER… UTHR 117.83 +28.51%
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%