I agree with you partly but riding the profits all the way up and back again can be extremely frustrating (unless you got in under 2.5 cents, which judging by the many frustrated posters, many haven't). I honestly believe there is nothing wrong with locking in profit along the way until the chippie ann't comes through (with revenue forecast attached). Sadly RYG/XPE has and may continue to rinse and repeat until the market has concrete numbers. Lastly if you got out above 5c last week to lock in profit and say an Intel agreement was dropped, then yes of course you will miss out on the full benefit of the rerate. However if the ann't did indeed include revenue forecasts then you can be sure that even if you were to buy back into a higher albeit more derisked price, you would continue to see profit also. I guess it's all about your risk profile and how you choose to invest or trade.
My very humble two cents worth. GLTAH
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Last
6.0¢ |
Change
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Mkt cap ! $1.619M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 42973 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.061 |
2 | 16658 | 0.060 |
1 | 82000 | 0.054 |
1 | 55000 | 0.053 |
1 | 100000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 42973 | 1 |
0.105 | 1524 | 1 |
0.175 | 22450 | 1 |
0.180 | 30000 | 1 |
0.190 | 29137 | 1 |
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