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CarsonOGenic

07/27/20 2:24 PM

#121743 RE: Easler #121740

I’m in only two other stocks other than PCTL and PCTL is about 80%.

However, big picture: Most of my wealth is in real estate and 401k (conservative), so my gambling money is a small percentage of the total. I would hate to loose it all, but I would survive.
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Bobbakista

07/27/20 2:28 PM

#121744 RE: Easler #121740

I would say never go all in with any stock, but that’s just the cautious part of me leaning toward protection through diversification. The risk/reward to diversifying is way slanted toward reward. PCTL is about 75% of my non-IRA account but that’s only because my cost average is so low and I’m up 873% on it.
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Mugwumps88

07/27/20 3:01 PM

#121750 RE: Easler #121740

That is a really tough Q to answer. No financial adviser would say 80% is smart. Mine is about 60% which is also not smart. However if doing so makes us multi millionaires, people will one day think we are geniuses.
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jesuslovzu

07/27/20 3:51 PM

#121757 RE: Easler #121740

Right now.. 80%.

I am holding on to one other one since I do need some funds in about 6 months to pay off some significant debts, and I can't justify going all in with that.

Risks I see are:

competition
lost lawsuit
lost countersuit
new tech/hospitals go another direction
infringement
unclear about the 400m warrants that could take float to 900M
vaccine
accounting issues/fraud


I believe in this company and think we'll do well, but the things above are why I'm at 80 and not 100. I'' note that even though it's 80% of my portfolio (excluding one that got delisted and is currently un-tradeable, but in a good spot)I've got over 100% of my net worth in here.

Some people borrow to buy big houses, fancy cars, etc. No one blinks an eye. I borrowed some and took a risk on two stocks. If this goes to 0, I'll be working until 75 rather than 55. Oh well :) Calculated risk and I hope it pays off!