RE: Jangho27 Jan 2021 14:35
Hi zstarz,
Probably like most on here I am good thanks, an increasing SP always helps a bit.
No, didn't add as never saw any drop of note and quickly increased SP.
Was happy with my previous average price for level of risk reward.
Don't at this point in time see the business case different from yesterday or last couple weeks.
So while buying back in early morning would have given quick returns I didn't forsee the level of rise we witnessed and reasonably content with far less exposure now (obviously means far less potential gains).
As exciting as watching the AMC thing is it is little different to crypto currency in these levels of movement as its actual business position hasn't warranted the SP level of move we have witnessed.
It may well retrace a lot and can only hope many are not caught having got in at such high levels.
Clearly had I waited even half a day I "could" have had decent amount more had I still chosen to sell half stake. However 20% gains hadn't been common place previously.
It frees some cash to give me options (one may well be buying back here if we see significant dips at any point, not holding out on that).
Have another poker or two in fire that the released cash now allows me to progress should I chose now.
Less chance of rapid short/medium term return compared to Cine, but a solid return with no volatility and regain a little diversification.
Here's to everyone's health and happiness with full pockets a distant third :-)