RE:RE:RE:RE:RE:Time to cool it.Different strokes for different folks! Everyone has different parameters and it's not one size fits all. Remember to use some of the profits for things other that more stocks. When I sell out of a large position, I usually sit on that cash for a while if I haven't already lined up another play. You can pay off loans, mortgage, buy GICs until the markets tank and thats when you go shopping.
I'm wondering if I should do a 50k market buy and get the price back to 1.24 :D The bids/asks are very thin.
rixpix wrote: "Dead money" as you call it has turned out to be a good thing for me.
Having lived the ride from 20 cents, to over 2 bucks, then losing 50% from its high, and seeing what the market, especially tech stocks have done in a year, I can honestly say that if I had sold SVA high I would've lost all that profit and then some.
Looking at some stocks I was thinking of buying last year if I had sold SVA, I wouldve been down over 75% and some chinese tech stocks over 90%, so as far as I'm concerned, holding my 200K SVA shares have been a safer and better bet.
The funds I got selling 39,500 shares at 71 cents, I bought BITK at 60 cents a bit later..
Today they're worth 12 cents. LOL.
So you see, for me still holding SVA has been a winner.
GL