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re: RKT bag holders - you still in long term?
Posted on 11/23/20 at 4:27 pm to Pendulum
Posted on 11/23/20 at 4:27 pm to Pendulum
My only fear is does this price action mean I have risk built in I don't see
I have Arkq that is 10% Tesla but I feel better about cash cow RKT then Tesla
I guess might not have the right mind set. I am overweight in position 20% on individual account
That said pretty tech heavy in 401k so think it is okay
I keep watching for what do they do with cash - I liked buyback but will be curious of they have expansion opportunities or going to dividend it back
I have Arkq that is 10% Tesla but I feel better about cash cow RKT then Tesla
I guess might not have the right mind set. I am overweight in position 20% on individual account
That said pretty tech heavy in 401k so think it is okay
I keep watching for what do they do with cash - I liked buyback but will be curious of they have expansion opportunities or going to dividend it back
This post was edited on 11/23/20 at 4:28 pm
1
Posted on 11/23/20 at 4:49 pm to thelawnwranglers
I bought in pretty large around 27.50. I’ve brought my cost basis down to about 24 selling covered calls. I don’t get the price action either. I plan to get out when I get a little closer to even. There is too much money to be made elsewhere.
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