What a windfall!
Posted Aug 16, 2021, 7:43 AM UTC
7014
I just opened stocks for the first time in months to find that one sitting at over 100. A pleasant surprise, for sure!
8
really regret selling this one about a month ago now! well done OP!
5
Noice I sold as well today. Made like 800,000
3
Sold 107k stocks at 105 this morning. BB is my favorite stock and I vowed to only sell over 100. Time to start up again!
3
Woaah congrats to you and your bank account!
2
Sold at 58 after a minor dip. Sorely regretting it.
2
thanks! I had 2000 and sold for 109!
1
I just went to check, figured I was too late. It is up to 105 now!
1
Dammit, I sold at 60 because I’m barely active right now and have been burned too many times in the past waiting for a “peak” lol.
Congrats, OP!
I sold at 60 and have no regrets. The algorithm is weighed against you at that point, this very rarely happens.
It's not as rare as you would think, just gotta be patient. Personally I don't sell unless it's over 100, everyone plays the market differently and that's ok.
For me, the problem there is that once it hits over 100, there is no new obvious sell point. It's just completely random at that point. So if it hits 100, it could easily hit 1000.
But between 60-90, there's a very strong tendency go down. It can break out, but it probably won't. So that puts a soft cap of 60 (well, 59) on prices
I've been playing for a long time and honestly a lot of the stocks that got to above 100 are the ones that are still there.
I mean, 100 to 1000 is a giiiiiant leap that I've personally never seen (KSON and VPTS excluded). Just looking at my portfolio I can tell you MPC, PEOP, TAG, TNPT, and YIPP have been over 100 semi recently just judging on how many shares I have left of each.
Personally once it hits over 100 I sell a couple thousand at a time. Like BB is currently at 104 and I have 18k shares. I'll sell 2 or 3k now and check prices again later today or even tomorrow.
I've also been playing for a long time and I can assure you stocks that get over 100 fall back to normal prices after a period of time.