Volatus Aerospace Inc V.FLT

Rookie (All opinions welcome)

[FOMOsapien]

My rookie-ness is having trouble determining the best options moving forward (enjoy this for the future B-rad).

Ex (Small time numbers- I'm not a big wheel like you folks)
-5000 shares @ $1 (OG investment being $5000)
-stock shoots up 100%
-sold 2500 @ $2 (recouped my OG investment)
-riding & holding remaining 2500 shares (I think DDC has a great future, and I believe in them). 

The remaining shares (2500) are currently at the present market price. 

Based on technical data and analysis, there is likely going to be a pull back.

However, buying dips to increase value and shares moving forward, would only make sense if the stock dips below $1, otherwise I would just be averaging up? My Ave is still at $1 for the remaining 2500. 

This is where the small little peanut rattling around in my skull gets confused. If this pulls back to even $1.50, why would I buy more on that dip, as it would essentially reinvesting my OG amount at a higher cost, correct?

Either way, I have my original investment back in my pocket, and skin in the game, which is great because I'd like to be with DDC long. Just want to get some feedback on how to, or what I should have done to better my current position. 

All feedback welcome (negative and positive). 

B-rad (save this in your back pocket. The next time we namecall in the sandbox, you may bully me with my inexperience- hahaha)

As always, GLTA!

[gojuice]

You're right that buying back $2500 dollars in shares at $1.50 brings up your average but the question is, if you believe DDC is going to go back to $2, why not make an additional 33% on the $2500 you recouped by selling at $2 - were you to again sell 50% of your stake when it hits $2.  If your priority is protecting your original investment and have concerns that DDC may actually

[brad753]

I think that is smart to sell 50% to keep you original investment. Now it's the "houses money" you are playing with. The reason why you'd buy back in is for this reason. Let say you have $100 and you buy 100 shares at $1. Then the stock price goes up to $2. Now you have $200. To limit risk, sell 50 shares at $2 and get your original $100 back. Now the stock drops to $1.50 let'

[FOMOsapien]

Appreciate the feedback and explanations (using rookie terms and examples) from both B-rad & GoJuice! Thank you gents. I've gotten some clarity! Cheers and GL!!

[brad753]

If $5000 is all you have, I personally wouldnt keep more than $1000. In this stock. 3 months ago, sure. But not now. Don't put all your eggs in one basket. If for some reason something happens. You could lose 80% of your money. I got burned big by AIM in 2017 and I only had 15% of my money it. But a huge loss. Always diversify. You never know.

[InvestForce]

FOMOsapien, perhaps we can simplify this a bit. Since you already showed discipline by taking out you initial investment or "cost basis", now what to do is unique to your level of risk taking. To that I say that if you sleep well and don't feel the need to check your stocks and won't be screaming at the screen if it falls, you can concentrate on other investments in your

[FOMOsapien]

  Thanks InvestForce! Understandable and sounds reasonable. $16k tied up at the moment: - Larger part of the 16k invested into renewable (solar energy) - Two small parts of the 16k into cannabis investments (money I don't lose sleep over... which is good because they took a monstrous hit today) - "house money" in FLT - $5k now in cash I understand the risks of investing

[FOMOsapien]

  Hahahaha- now that I've aired out my laundry to strangers on the internet. Does anyone want my visa and bank account info? Lol kidding!  Appreciate the feedback folks!!