I have owned TransAlta (TA.TO) for some time and the stock has not performed well. It has weighed heavily on my portfolio, especially in the last few months. It is alway painful to sell for a loss (I keep hearing “it’s even cheaper now so you should keep it” in my mind) but I have disliked this stock for some time and wished I had sold earlier. Better late than never.
SELL TA.TO @ $14.13
Today, 4th October, this looks like a bad call. TransAlta closed today at $15.40, up 9% since I sold it. I was glad to get out of this stock and I would not buy it again now based on its fundamentals, but I sold at the bottom (at the time of most fear). It is hard to judge a value trap versus a stock that is on sale (irrationally cheap). Bottom line: I should have gotten out of this stock in March 2012, rather than doubling down.