My job was to find stocks that were undervalued.
A lot of companies have lots of assets tied up in plant and equipment. Well, is it old plant, or is it new plant?
Before selling, try to re-evaluate the company again and see where the stock sells in realtion to its book value.
Be careful of leverage. It can go against you.
If the market were way over priced, I wouldn't own any stocks.
Try to buy assets at a discount than to buy earnings.