I agree, it is a hard call as I don't necessarily sell when a position runs to be a big weighting in the portfolio. My price target for this FY25 was $4.15 when I evaluated adding again in Jan-Feb-Mar. My price target for FY26 is $5-$6 but the more I have learned about the industry, long term (10+ years) if Boss Keeps doing what boss does I dont see why it cant be one of the biggest players in sector.
But...(there is always is a caveat), portfolio weighting and discipline can not be overlooked, and booking some profits has never proven to be a bad idea at the time and beyond. I agree booking profit the last cycle when the shorts started was considered wise. Now it is not so much a threat, undervalued, quality company at the beginning a potential new cycle, albeit a patient early stage one.
I think holding to also f*** these shorters up is also a part of my decision
Why not. Let's see how close we get to the target price. I won't be adding anymore anyway. Average is $2 I am ok to hold all the way back down to $2 and all the way up to $6. The money was made buying heavy on the 2 large selloff days IMO.
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