wmc1000
Thinks s/he gets paid by the post
Congrats Fermion hold on for the rocket ride!
I may have created a problem with my wife though. She suggested we buy 1000 shares in her Roth and trade it. We bought 1000 at 5.50 and sold them at 6.04 and just rebought them at 5.52. She is clicking the quote refresh button every few seconds which is annoying me because I am trying to play Puerto Rico on boardgamearena.com She was not interested in stock trading before we made $180,000 in one day. What have I done?
ACA and taxes are definitely wagging the dog here. Oh well.
Back in the late 90s I had some stock options that grew to be worth over $100K... I did not want to take them since the taxes were going to be to much for me... well, I watched as the price went down... had to sell them when they matured for about $30K gain... all because I did not want to pay taxes... and this was a mega corp who would not go to zero.... your stock could....
Congrats on the ride. This is sort of like the ride I've been on with NVDA, except mine has taken much longer. Bought in about 7ish years ago around $10 and been holding ever since all the way up to its current point at about $179. My wife keeps telling me to sell it, but I can't make myself pull the trigger.
That was a good pick... it is a question of how many shares you have bought... if a good number then you might trim what you own and ride the gains...
I was very late to the game, but hold some of this and am hoping to ride it higher... wish I had another one to strap onto!!!
This is sort of like the ride I've been on with NVDA, except mine has taken much longer. Bought in about 7ish years ago around $10 and been holding ever since all the way up to its current point at about $179.
Congrats - Getting out is just as much as a gamble as getting in - and perhaps even more so. Might keep VRX in mind as to what goes up can go down.This is definitely still a high risk stock but consider what Running_Man has mentioned. This could easily go to $80, $150, maybe even $200 a share especially if they are able to target other indications.
Unfortunately, I only bought 400. Still, turning 4k into 72k I'll take any day! Let's hope it keeps going.
I wish all who are playing this one out much success. I will be watching from afar.
Something doesn't seem right in your math. $52 -> $185 = 3.5x increase. How do you get $10K -> $100K, a 10x increase?Ok, this is coming from a guy that doesn't do much trading but can accept some risk. I'm still wanting to kick myself for not listening to my Dad when Netflix was at $52/share about 3 years ago and he told me to dump $10k into it. I almost did, but thought it could tank. That would be worth $100k today.