CryoPort Inc (CYRX)

[tigertrader]

LongCYRX: I'm not saying that you should bang out of your CYRX, I am not banging out of my WFWL...but I am not adding to it either.I will have plenty of time to add when it's acting well, and I "know" it's going higher. Whether your "view" is short, medium, or long term, your "objective", should be the same...to make a profit; and your methodology should be the same. Most important, is making the best use of your capital, by putting it to use in trades or investments that have a "high probability" of making a profit. If you are trading/investing from the long side, that means buying(strong)high relative strength stocks,(on pull backs) in a strong market. You shouldn't be allocating your most important asset... your trading/investing capital, to stocks that are not acting well, especially when there are so many other stocks that are out-performing the market.
EVERY stockholder of EVERY company, private or public, that is in Cryoport's stage of commercialization,(introduction)believes in that company's product, and the past performance of management, as an indicator for management to execute the company's business plan, and bring value to it's shareholders, in the present.Why else, would you be in the stock, in the first place? Unfortunately, only about 12%, return the kind of multiple, you are hoping for. Therefore, it is very far from a "given", that CYRX, of WFWL, or any other development stage company, will hit a home run. So, if it's not acting well, especially relative to the broader market, why would you add to your position?