Starsearcher80 wrote: VonSachsenanhal, I think I stated things pretty clearly, but just to capsulize:
1) I am a trader, not an investor.
2) Taking an "investment" position for me is extremely rare.
3) While my "investment" lasted several months, understand that this is eons for me.
4) With any investments that I rarely take, there will always be a calculation of gain/time. I am not a patient person. In a matter of months, I took this stock from $20 to a max of $52, and made just a stupid amount of money. That works just fine in my world.
5) I have no doubt that Bombardier will rise further. There is no debate in my mind about this. Again, just a calculation of time/gain potential. I'm here in the market to make money.
6) The market scares me right now. I think it's gone too far too fast. Inflation is not rolling over..yet. Fed is going to hammer on interest rates until the world cries uncle. A recession will happen. Putin is an absolute wildcard. There's a looming financial crisis, particularly in Italy. The U.S. debt ceiling fight is going to be horrible next year. There's just not a lot to like right now, and I fully expect one more hard decline for the market.
7) Given the above, yes, I'm here to make money. But I'm also here to protect money.
8) My goldilocks scenario? Market tanks, I make good coin on the drop, Bombardier retraces (which is normal), and I get another kick at the can on Bombardier. If not, there is any number of other interesting stocks and scenarios.
And finally, back to my original thought. I'm just a trader. My very best to the true investors here. Ultimately, I think there's a big win for you here. Best to all.
vonSachsenanhal wrote: and forcefully made the case for NOT trading in and out of the Bomber and that there was more money to be made by simply staying long. You also pointed out, when we were at $30, that we were in the very early innings of the uptrend. This you said was one of those rare opportunities in the stock market where fortunes are made. So to me it didn't make a lot of sense that, come $40, you sell half your position and then the rest around $50. There's still an easy double coming and possibly more in 2023. It seems to me that you succumbed to irrational fears, conjuring up scenarios of nuclear armageddon. The world is not ending tomorrow... and it has always been a losing proposition to bet it is