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conix

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conix

Re: yankeesnyc27 post# 26523

Monday, 10/21/2019 2:20:00 PM

Monday, October 21, 2019 2:20:00 PM

Post# of 43716
It is an opinion. Every trader and investor has a different risk tolerance.

There are those that think the risk is too great to sell and buy back in--because they are afraid of some surprise positive announcement.

There will always be others that are not so committed to the CVM story and trade out. Willing to take the risk to not be in the stock for a couple of months.

I love the CVM story--but I bought earlier in the summer for a hold into the IDMC news that just came out. I sold --not because I think CVM is a bad play. But because it is reasonable to assume that we will not be getting any real news between now and the end of the year.

Selling for a 34% gain in a few months was OK with me.

(I actually kept 10% of my original positioni...just in case.)



Successful Trading is the art of minimizing long term risk and maximizing capital allocation.

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