Sold some OWCP today.
Very mixed emotions about the trades. My broker is first in, first out. So today I sold the first 10,000 I ever bought at .26 and part of the next block I bought at .30. I sold 20,000 in total for an average price of $2.75.
I know I left money on the table. Likely a lot. Efficacy test results are due any day now. The stock is going to pop, unless the efficacy results have already been baked into share price. I think with 90% certainty the stock will be higher than $3 in a few months.
On the plus side, however, is my stress level has dropped away. I wasn't even really aware of my level of stress until it was gone. Not sure if stress is the right word though. I'm more relaxed (or maybe confident) about the balance of my shares because they are, essentially, completely free. Swing up and down wildly, I don't care lol.
That's a pretty rare position to be in and I have to say I like it!
So I'm going to be buying my wife a new car with the profits and she is going to be soooooo happy. That is worth so much to me.
Never hurts to take a profit, but I know myself and I will likely beat myself up about this later (could've gotten her a BMX 9 Series instead of an X5 if I had just waited...)
But there are no guarantees in the stock market. All in all, I'm going to have to say this is one of the most interesting and memorable trades I've ever made.
Know What You Own. My posts should not be construed as investment advice.
