RE:On An Incredible Run-Away...ace1mccoy wrote: Even though it's very early in the story and with huge potential upside still to go , curious to know if anybody who got into Exro early , has been or are thinking about trimming for portfolio management purposes or are on house money now? Or let it fly and swing in the jungle sort of speak....
Ace I got into EXRO well under a buck initially. I actually added more this morning first thing out of the gate which is something that I do not do very often as more often than not you see that early morning pop fade.
I intend to hold this for a long time unless the thesis changes of course. The total addressable market for this technology is HUGE!! What is also very important to the story is the fact that EXRO is a poster child for ESG. That is where the funds will flow and EXRO will be there to collect those funds.
Also consider the three most important things when investing in emerging technologies...Management, Management, and Management. On that point we have a rock star team.
I am more inclined to follow the Buffet style...diversification is for those that are not confident in their DD...it is ok to have all your eggs in one basket as long as you take very good care of that basket.
And for me there is no such thing as "the house money". It is all my money. But having said that I still admit to getting some psyc benefit from seeing green in a position.
For sure there will be some red days but the longer trend will be incredibly green.
glta