RE:Question for the veterans and long only?Pinoy97 wrote: I invested 90% of my portfolio to PYR and 10% to HPQ. I sold my other stock so I can invest everything to PYR. From what I read and saw from Investors video that you should be investing only 2% of your portfolio to avoid risk and should diversify.
Am I doing the right thing? FYI, I did my DD so I'm confident enough to invest everything
I even convinced my 2 children to invest their own money in their own investor account. Now convinving my sister to invest.
Long and stong PYR!
Everyone is going to do there own thing and what is right for them. You have made your choice as I have and decided to go top heavy on pyr and a dash of hpq. We have all done the research and the questions are being answered for me.
CEO integrity
Management ownership of stock
Disruptive tech that every business needs/wants in various product lines
Being vetted by International multi billion dollar companies and government.
The biggest hurdle to overcome is the probability of PYR to knock it out of the park. At this point I think there's a 99% chance they will succeed. They might not get all the contracts for what ever reason but all we need is one or 2 big contracts to make a difference for many.
The next hardest decision will be your exit strategy and be happy with it, no regrets.
Like you, I have my wife, kids, parents, sister, cousin close friends invested in PYR and we are doing quite well at the moment. I sleep well with my belief they will succeed in their endevours.
When I realized PYR's potential I looked at my other "dog" stocks and said to myself..."Which one has the potential to go up, say 50% in the next month? The answer was always PYR. There are many other stocks that could have the explosiveness of PYR but I am not aware of or have done enough research to find them. There will always be the next best thing and PYR, for me, at this point in time is it.
Hats off to the many posters that have provided DD posts for us to read, you know who you are and a big THANK YOU!
Happy investing to you!
96klite