More often the stock price rebounds from the point where we sell and go up higher to make fresh highs.
We shouldn’t tweak the system for these small things. It should be left to the individuals following this broad strategy.

@visuarchie , hello Vishwanath ji,

As you know , I am also following rank based momentum approach.
My query is

In case of rank based momentum strategy, a stock rises in rank and becomes part of portfolio, if rises in price it will become a profit making position, but while going out of ranking list, it may lose out all the profits it has earned, before going out of portfolio when it goes beyond worst held rank. How to retain such profits?
This happened with Gravita…it went to 38% profit and then came back to 12% profit as rank went down.

Can we do this ??

1. Trailing Stop loss , let’s say at 15% from top, to protect the gain…

2. Ranking + technical indicator like 50 day moving average

3. Partial exit , if rank goes down substantially, even if it’s still in portfolio

I know this will increase churn and I am introducing human bias, but this may be viewed as a risk management or profit retention measure, while rank momentum still being the core principle.

They have substantial amount of cash invested in mutual funds as well. You will also have to include that while calculating cash on books.

I feel like you should evaluate based on qualitative factors (operational performance, such as efficiency of operations, competitiveness, business plans and work ethics of the management etc) and quantitative factors (revenues, costs, profitability etc)

In the post, you mentioned the stage/ industry and client for most stocks.

Just adding what I found in another thread but feel free to share if you have more solid info about the Co.

There is a conversation about Tac Infosec starts here and it gets really interesting from here. And the points added by @Amnesiac were just perfect enough to raise your eye brows and do your DD.