whats your strategy when taking profits from something like that? My plan if I have anything double is to sell half and get my money back and let the rest ride out....also another general question to all. How many different stocks in the portfolio? Im yet to make it to 10 different positions and I don't think ill get there until this summer. But im thinking you would want at least 25-30 just to get a nice diverse collection. Anybody have an opinion on that?
That is my general strategy, sell half at 100% increase. That is subject to change though, if I think it is something worth holding onto.
LATF, I bought in at .002 went up to .016, glad I decided to keep the other half at that point. Dropped back down to .008, still 4x what I paid though. I actually just sold half my shares yesterday. Now I am letting the rest ride for free.
GDSM went up to .0036 yesterday afternoon and then the CEO released a dumb PR that dropped it like a rock. Pretty sure he learned his lesson about too much PR can be bad. GREAT TIME to buy in though. It is around .0016 (I bought in at .0014) and I expect to see it do BIG THINGS. USEI is still one of my favorites, it is basically moving sideways with small dips and small bumps but when the news hits it is going to be a monster. CEO is doing everything he says he will do. And seriously, I am not telling you about these companies to "pump" them, I honestly think they are two golden ticket investments. I will be holding both for a long time so rips and dips don't matter much to me.