I remember the screenshot you sent and letting everyone know the intention of what you were going to do. The vaccine fake news shock to the markets was a one off gift, they don't happen often, I didn't hesitate to buy that day because the SP was below the 30day VWAP and well below below the 20day VWAP at the time.
I don't have a short term view on where T$0 will be next week, obviously, some of the other pansies on the thread are thinking of lightening their load (they probably don't hold much anyways) so the SP may pull back, but it could be the opposite and Pro Money could significantly mark it up to acquire volume...
My FA investment strategy is that their needs to be At Least a 3:1 upside potential from the current market cap to my target valuation, otherwise, I won't invest. It may not hit my target valuation, but, in the longer term, if it meets halfway, still pretty good! For example, I wouldn't buy RXL, LCL, DEG, MGV etc at their current valuations, not because i don't think they'll appreciate higher, they just don't fit my investment criteria as I don't see their market cap tripling within the next 18 months. I could be wrong, but, you gotta have a basis to work off right?
Not investment advice, but if you are unsure or nervous, best not to do what will cause you and your mrs stress. At the end of the day, your health, both physically and mentally is more important. take care. Good luck. look forward to the discussions on the next ann.
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