This all only my opinion, and my opinion can and often does change as I watch a stocks PPS.
My number one goal is to get back my original investment dollars, so the rest can be considered "free". Of course they aren't really free because they are worth cold hard cash.
My number 2 goal is to take actual profits above the original buy in. It's impossible to know where the top is. I might sell too early or too late.
I like to cut some actual profit out and put it in the bank. But I also want to let some ride in case it becomes a long term great company growing over the years.
So it's tough decisions with no cut and dried answers. When a pot stock ran hard years ago, that Sleek was also in, I sold it all a bit early. But I also used the multi bag profits to pay off every dime of debt my family had. So I still felt great about it all.
We all have to evaluate our current financial situations. Don't buy more than you can afford to have drop in value. Get original investment dollars back if you can, leaving shares to ride "free".
Then evaluate your families immediate financial needs/goals versus taking a risk in order to "potentially" see yet greater gains.
No easy answer. Depends on the stock, how it is behaving, the signals you are reading from the company and other investors, the media (if involved), the legal situation, politicians moves, and your own risk versus reward and immediate financial needs.
And my decisions can change every couple of days, couple of weeks, and couple of months depending on all the above and at the time mind frame.
OTC stocks are high risk high reward. Have to play it without damaging your families situation if something goes south.
