RE:Question for fellow longs?Hi DILLIGAF,
I'm also a long time holder with an amount that I consider large [it's large to me].
You've received good advice from fellow board members thus far and I echo the general consent [personal choice, what's a better investment, etc].
All these things are true IMO, but I'll share my plan, but know that this is my plan suited for my needs.
My avg is 0.21 USD and I've been holding for about 18yrs, of which the first 15yrs I was actively buying each year.
I know that this is a $5 stock.
I think that this could be a $10 stock in a couple/few years.
When the SP reaches around $3 USD, I will execute on about 28% of my holdings.
I will let the rest continue to ride, while I closely monitor the landscape.
When it reaches $5, I may further liquidate another 10%, letting the rest ride in hopes of being able to take tranches along the way to $10 if it looks like I should. Maybe at that time this will look like a $15 stock, or maybe it will look like a $5 stock. I'll be keeping a close eye on it, that's for sure.
I'd be interested in hearing others thoughts/plans as well.