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Retalix (RTLX): Three strikes and you are out

For investors, the hardest question often faced is when to sell a stock. Even when a stock issues a profit warning, if you are a long-term investor, that doesn't always justify one to pull the trigger.

There is no question it's easier to buy a stock than to sell. With that being said, today I was faced with an easy call. I call it the "three strikes and you are out" policy. If a company disappoints me three times in the span of six months, you're out (How long until pitchers and catchers report to spring training?).

Retalix (NASDAQ: RTLX) the Israeli provider of software solutions to retailers and distributors, today announced that it was going to miss its earnings estimates for the quarter. This is not the first time this has happened -- last quarter the same thing happened.

Continue reading Retalix (RTLX): Three strikes and you are out

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Last updated: May 28, 2012: 11:56 PM

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