RE: Dilemma2 Feb 2024 16:45
Gulfharbour, I understand the logic of selling your original investment and running with profit.
Gir example, I bought a very very large amount of Rolls-Royce at 70p, thinking at £1.40 I'd sell half.
They got there and I didn't because fundamentals had changed.
Now at £3.09 and being tipped by a lot of investment houses to go to £6, I'm glad I didn't.
That's an awful lot of profit to turn away from.
I did actually sell a tiny amount of Easyjet this morning at £5.55 that I bought at £3.74, only 5k to invest in a very very speculative financial reinsurance business that is very embrionic.
On a 3 to 5 yr span this investment could well be a 5 x bagger.
Yep, it's all individual choice and circumstances and personal interpretation of fundamentals.
I never ever set a rigid price target.
I'm expecting my remaining Easyjet to see £8