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Sethamus

Silver Contributor
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I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Sep 13, 2019
423
729
285
Northshore area, New Orleans
Just curious on what other people would do. I'm up about 175%-190% depending on what day it is (bought at <$25 after initial IPO drop). Wondering if I should sell half just to lock in the gains or if a stop loss would be sufficient at 10% below market price.
I do not need the money short term, but I'm not sure if these are long term market prices and will continue to rise or solely inflated due to the C0VlD crises (I know initial big jump was due to C0VlD).
I initially bought them because I use them and see the potential.

For perspective on $ I have 121 shares so would sell half if I decide to go that route and keep the other half. Currently there is a stop loss in place.

What would you do! I would love to hear different inputs on people's thought process.
 

ApparentHorizon

Platinum Contributor
Speedway Pass
Apr 1, 2016
944
2,793
653
Greenville, SC
I haven't looked at FVRR, but what's their game plan? I know they had a cash injection a while back, but that's the extent of my knowledge.

How much I'm up on stocks is irrelevant. What's the company outlook?

This year I stopped trading on numbers or chart patterns, and instead went with trading the news. For example, SPOT signing a deal with Joe Rogan. AMZN b/c everyone is inside. SQ b/c they are approved to be a lender.

Just common sense stuff.

Maybe it will come back to bite me, but worth a try, since I'm spending less time "studying" the stocks and getting higher returns.

I'm also studying Buffett/Munger's value investing method. Bought DAL $20 when they sold. I think their age is finally catching up to them.
 

kleine2

Bronze Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Sep 15, 2013
151
196
143
Just curious on what other people would do. I'm up about 175%-190% depending on what day it is (bought at <$25 after initial IPO drop). Wondering if I should sell half just to lock in the gains or if a stop loss would be sufficient at 10% below market price.
I do not need the money short term, but I'm not sure if these are long term market prices and will continue to rise or solely inflated due to the C0VlD crises (I know initial big jump was due to C0VlD).
I initially bought them because I use them and see the potential.

For perspective on $ I have 121 shares so would sell half if I decide to go that route and keep the other half. Currently there is a stop loss in place.

What would you do! I would love to hear different inputs on people's thought process.
I sell on fiverr. The seller analytics has been down for 2 months. They handled it really unprofessionally (no ETA on a fix even up till now). The reason that they are doing that is because they are adding an internal ad system where sellers can pay per click to get more people to see their gigs. That can be a whole new revenue stream from them, but some sellers are also unhappy about it. Feeling they are being greedy. I know I am pretty unimpressed with having the analytics down for 2 months. I went to a few meetups that they organized here in Israel for product managers. These were very impressive and I got a real view into how the company is managed, decision making etc. I was very impressed with the level of professionalism of the company overall and the level of the people that work there.
 

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