Simple really. Have a plan and stick to it. I wanted to hold long term but I set a stop loss to protect a minimum amount of profit.
I had seen that profit turn from in excess of 100% at 1.30 down to about 10-15% today. Shame for me thar it went back up to its current price but who's to say it wouldn't have just continued down to 70c or 68c etc.
There will be another moment for me to get back I'm but it wasn't today. Not a fan of the price action today. Tomorrow however should prove interesting. Stock seems like it's at a decision point to optimistically go up for news coming or pessimistically go down until further news.
CYP Price at posting:
87.0¢ Sentiment: None Disclosure: Not Held
