I’m only a young investor mate, so I don’t have a large portfolio as I don’t have the funds permitting to allow that. What I did do, was sell a small portion of what I held, to take some profit, protect myself against potential downside risk, and buy into another stock, seeing as I had made close to 100% on what I paid for APT initially.
But if APT is continuing to soar, then all I was thinking was why not buy a little bit more if that’s going to generate better returns than investing elsewhere? Yes it’ll take my average cost base up, but it seems that APT’s got an upside that few stocks can match, so might be a punt worth taking if I can make more money. That was my point of the question.
APT Price at posting:
$17.50 Sentiment: None Disclosure: Held
