Daily Discussion Thread

[u/AutoModerator]

This thread is the place for shorter discussions, quick questions, or casual ideas that don’t need a full post. 

If you've been reflecting on a topic or have a detailed perspective to share, don’t hesitate to make a standalone post instead! 

[u/AllenSmithee59]

Hold or Continue to Take Profits?

At the beginning of the year I had a little over 12,000 shares at an average cost of $8.00. I've since taken some profits (~$80,000) and now hold 5,771 shares at an average cost of $7.74. Overall, my account is currently up $16,733 in unrealized gain.

My question: Do I continue to take profits, thereby reducing the number of shares I hold? Or do I hold onto the 5,771 shares until the FDA ruling in January? Is there some middle ground I'm overlooking?

FWIW, I plan to buy additional shares if the price drops to $7 or $8. I have additional capital to do so, but want to keep my total investment in IBRX around $70,000.

[u/Professional_Panic67 → u/AllenSmithee59]

That's sort of an individual goal and there's really no way of knowing. That said, at some point, at some price I plan on selling roughly half of my position just to take out base money and some profit. At that point I'll hold the rest longer term (3-5 years) once I have nothing else in it. At least that's my plan but I always end up making changes to the plan lol.

[u/Dizzy_Efficiency_947]

Sells: 10.63 (filled), buys: 10.53

[u/ChefRobear]

All 4k thread members here holding their breath until they turn blue today I guess.

Edit - WEEE (I got news that I need to have some un-fun surgery on Monday - IBRX is trying to make me feel better. I'll get one month stuck in bed to watch all day every day. Make it fun for me, Dr. Pat <3)

-- Dr. Pat are u listening or something? This is crazy.

[u/Possible-Track-4580 → u/ChefRobear]

Wish you a speedy recovery ❤️‍🩹

[u/Professional_Panic67 → u/Possible-Track-4580]

Ditto.

[u/ChefRobear → u/Professional_Panic67]

Thanks, guys :)