So, if it approaches $20, would you suggest taking profits? A lot of cats on reddit are pushing the diamond hands strategy, arguing all of the metrics support a push to GME numbers. I definitely don’t want to get caught holding the bag, nor do I want that for any of the brehs who followed my lead when I made this thread.
You do whatever you feel is right for you just like everyone should
What I might do will be based on my focus so I can't tell
you what to do .
I don't know you or your focus/situation..
there's no one size fits all scenario
For me...
I'm looking to get in and get out.. Smash & grab
I'm doing this for fun.
I don't know anything about this company and I don't care
I'm selling enough at $10-12 to take some profit and ensure I at least broke even then wait for the drop that will come from people taking profits & shorting
Maybe buy some more depending on the dip and if it pops to $20 I'm benefiting from the rise and taking more profits rinse & repeat
Using limit orders and/or put options
If it starts falling out the sky from $20+
I'm selling and I made money
If I decide to hold it..
It's purely greed driven and based on the price action ..
I'm just a vulture in this game I really don't care who lives or dies..
Whether it pops or drops just so long as I'm eating either way
Do you