Sunshine Biopharma Inc (SBFM)

[MB66]

I was fortunate to have gotten in on $SBFM at .015 for 500K shares. Sold 100K on the .30 run and pulled my original investment plus “profits”, bought my 100K back recently at .102.
I am new to charting, but I try to use them as my primarily source of when to take a position, that as well as seeing what a company has in the pipeline, etc. At this point, I have pulled my original investment out of the equitation, and I honestly don’t know where or what to expect for a target price.
My brother told me when I first started investing/trading:
When your investment doubles in value, pull your original investment out and put the money into something else so you’re playing on “house money” and essentially double your chances. When I noticed all of my OTC stocks running at the same time in Feb, I kept my original investment in past the “double mark” before pulling.
On the flip side, I have taken positions when I thought it was a good entry price, only to watch the price fall further. In this case, I’ll buy more to lower my average and wait for the price to (hopefully) bounce back.
That’s a lot more than you probably cared to hear and I know I didn’t really answer your question directly, but a few of my friends that I have also gotten into $SBFM asked me what my plans are for target price, my reply to them is: “This is either going to break my heart, or make my dreams come true.”
But for the most part, my target is pretty much always to research/buy a stock, if/when it doubles, sell half. I then just leave the remaining shares alone and let them ride for the long haul. Repeat......