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05-07-2020, 11:13 AM | #4726 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Today is May 20th. (Play along with me, other posters. Let's see if we can get him to shoot off fireworks in June.) |
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05-07-2020, 02:29 PM | #4727 |
MVP
Join Date: Dec 2008
Location: Joplin, MO
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05-10-2020, 11:40 AM | #4728 |
I'll be back.
Join Date: Nov 2002
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And here comes IBIO
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05-10-2020, 02:22 PM | #4729 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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05-10-2020, 02:45 PM | #4730 | |
He's Mahomie!
Join Date: Aug 2001
Location: Jax, FL
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Posts: 17,387
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05-10-2020, 04:01 PM | #4731 | |
MVP
Join Date: May 2001
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Quote:
Closed on Friday just over 20. Do you sell, sell and reposition, or hold? |
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05-10-2020, 04:09 PM | #4732 |
MVP
Join Date: Jan 2012
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05-10-2020, 04:18 PM | #4733 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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05-10-2020, 04:32 PM | #4734 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
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Posts: 23,025
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05-10-2020, 04:43 PM | #4735 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,670
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05-10-2020, 06:43 PM | #4736 |
MVP
Join Date: May 2001
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05-10-2020, 06:51 PM | #4737 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Write some calls against your position and buy some puts to lock you in if you are considering selling. Otherwise let it ride or sell out altogether.
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Posts: 129,405
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05-10-2020, 07:03 PM | #4738 | ||
MVP
Join Date: May 2001
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Are you worried about another downturn fairly soon? Any ideas on another play? I can't help but think this has more room to run tbh.
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What do you do with the original investment? Surely you don't just let it sit and make no money? |
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Posts: 18,221
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05-10-2020, 07:15 PM | #4739 | |
MVP
Join Date: May 2001
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I don't see any real need to sell out. With the markets ability to rebound from COVID and NAIL being at over 90some in late Feb. all the way down to 6 in Mar. My greed can't help but let me think that it could be 60 in Oct. |
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Posts: 18,221
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05-10-2020, 07:16 PM | #4740 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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I’m just saying why cap the ceiling on profit unless you believe it’s topped out? Follow with a trailing stop loss so you can obtain more profits (sell when it’s really over valued) but also set a floor to maintain most of your profits to this point if the market turns.
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