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Learning about market cap is critical, of course. And while maybe a naive way of asking, I think it's fairly obvious what he meant - which is, if I buy a share of CYDY for $3.xx today, what do you guys expect the upside value of that share to be if all goes as well as can be expected? Are you buying a share at $3 hoping that it'll be $6 next year? Or $60?Walking Boot said:
The $64000 question. Or add two zeroes if you’re Chet. Personally, I would sell 10% of my position if it hits $5. Another 15% at $10, and probably all but a couple thousand shares (~20%) at $20 per share. Given my profits already (my cost basis is under $0), I’d keep 1000 or 2000 shares essentially forever, hoping it becomes $100 stock. But by $20 per share, I’d take profits.
What did you decide?Just wanted to drop in and thank all of you for doing some ETF breakdowns.
Been doing my own research for the last couple weeks in an effort to diversify. The contributions made here have helped a lot.
I still have no clue what I will do. I’m not selling now, too much potential upside. I didn’t sell and buy to get my cost down but my basis is $1.69 due to buying more just under $3. I would definitely think about selling a bit at $5-6 to potentially get me playing with house money. It probably depends on what gets the stock there. If it’s just up-listing then I’d be more tempted. If it’s great trial results then I’d probably be more tempted to hold.
Just wanted to drop in and thank all of you for doing some ETF breakdowns.
Been doing my own research for the last couple weeks in an effort to diversify. The contributions made here have helped a lot.
I still haven't. Not to mention the fact that you've given me more homework with regard to the bolded,
, lol General fear with such a strategy would likely be some bad news coming out after hours and stock gapping down like crazy before your limit sell hits.
I could even live with a $50 billion market cap/ $100 per share
If leronlimab does everything Bruce Patterson say it does, you are talking about a company with the significance of AMZN or APPL.
To me a stop loss is more for technical trading. If cydy goes down because that knucklehead Nader does something dumb that doesn’t mean I want to exit
Agree with this on timing and how I’m thinking about it.
Might be significant but unlikely to have the market cap. Both AMZN and AAPL are or will be trillion dollar companies by the time (if ever) CYDY hits $100 billion.
Umm, both of them have been trillion dollar companies for a while. You are correct though, the significance won’t hit those two.
Unless some other company comes in a buys them? What happens then?
Turns into PFE stock. You can also sell when announced because the price typically goes up the commensurate amount. Hmm, haven’t used that word in a while, but it fits. I’d be selling after the announcement if it wasn’t a stock I wanted to own later. I’d likely sell it all if they get bought out. I’d assume a buyout would have to be on the order of $10 a share unless it had already spiked.
This is a great question. I am leaning towards making a significant buy, for me, tomorrow.
That’s a tough call. If you can afford a potential lottery ticket then it probably is. Based on the recent info and activity, it seems like there may be some good news coming soon, so I hate to say wait until a drop it if doesn’t really come. On the other hand, getting in now does add a lot more risk.
Funny you mentioned that. I have a similar amount in taxable, but all new purchases are in Roth. Took me wayyyyyy too long to understand the Roth vs Taxable tax implications.
Until CYDY, I hadn't had a brokerage account in 20 years. And now I'm wondering if I can simply transfer that account to a new IRA type account. Or do I have to sell and rebuy?
No chance the buyout comes at $30 with the stock <$4. More likely, it's around $8-9.
Buyout wouldn’t be horrible just because it means another double, but I’d rather the buyout come after uplisting and great news.
Might slow down a bit if the market stops it’s march. Maybe we can get it down a little, but seems like a decent company.
A buyout that big has happened in the recent past. Below happened 4 years ago. I actually won the annual FBG Stock Pick contest with it. I was in around $1.50 and rode it until the end at $30. Paid off my student loans with it. Praying for something similar with $CYDY
Congrats. That said, that’s not the same. The buyout was a 72% premium. Your stock had already gone up to the high teens. Chet was saying a buyout wouldn’t take the stock from 4 to 30, i.e. a 650% premium. If it goes to 15-20, then maybe a buyout at 30.
It went from less than $2 to about $18 to $30 within a 6 month span if i remember correctly.
I bought a fair amount of BEP recently, big fan. Solid dividend and I think the future of the industry is bright.
Generally, dividend yielders and high growth potential should be in Roth accounts. Stable companies would be better for regular brokerage.
Easy. If you win you get your shares back. If you lose they become Dutch East India Company shares.
Not questioning that at all, it happened. In the article, it says a 72% premium so the buyout itself was from 18 to 30ish. All chet was saying is that a buyout from 4 to 8/9 could happen. If CYDY runs up to 18, then you could get 30 as a buyout, but a buyout of 30 for a stock currently at 4 wouldn't happen.
