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Lock-In Profit – MAT



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Oct 16 2006
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Mattel (MAT) posted better-than-expected third-quarter profit, boosted by the introduction of its T.M.X. Elmo plush red doll and improving sales of Barbie dolls, and its shares rose more than 5 percent …
Mattel, known for its Fisher-Price and American Girl brands, reported net income of $239 million, or 62 cents per share, compared with $225.3 million, or 55 cents per share, a year earlier …



Have you been saying this often “if only i wait a little longer before i sell for a better profit” OR “if only i sell earlier before the price drop” … well, that’s the psychology – greed & fear which all of us still fighting within us … better for me to lock-in the profit and forget about it (don’t look at the chart anymore after you close your position, ok ?) …



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