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NVTA-hold, sell, or buy more?

Posted on 2/11/21 at 9:19 pm
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 2/11/21 at 9:19 pm
This has been the most frustrating stock in my portfolio. Those of you who own it, what are you looking for as far as confirmation that this is a good long term hold? Is this a stock that might be up 400% in one day, or would a price increase be more gradual where one could jump back in and not miss too much of the gains? I just struggle to not sell this and go buy more ROKU or SE.
Posted by rintintin
Life is Life
Member since Nov 2008
16178 posts
Posted on 2/11/21 at 9:29 pm to
Personally I'm holding. I dont even look at it honestly. In 3-5 years you'll be happy you did IMO.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/11/21 at 9:30 pm to
I’ve only taken it for a ride from 45 to 55 a few times. Never seemed to break out past it.
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
363 posts
Posted on 2/12/21 at 6:48 am to
We're in the first inning. Be patient, it's time will come
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 2/12/21 at 7:04 am to
It's my largest individual stock position. I don't pay attention to the day to day moves as I'm in for years on it.
Posted by cgrand
HAMMOND
Member since Oct 2009
38763 posts
Posted on 2/12/21 at 7:16 am to
sometimes the market acts as an oracle...allows you to see into the future. NVTA (and it’s stock price) is a look into the future

if anyone buying NVTA now is looking for 75-80 next week, and won’t be happy if it’s not there, they should sell it and move on
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 2/12/21 at 7:45 am to
But let's say NVTA gets a huge breakthrough with their research... what do you see as the long term upside price target (like 3-5 years out)? $100? $200? $500?
Posted by cgrand
HAMMOND
Member since Oct 2009
38763 posts
Posted on 2/12/21 at 7:51 am to
you ever watch shark tank? It’s my favorite show.
Cuban will occasionally as a question like “do you want to make money or do you want to change the world?”

NVTA could change the world.
It also could collapse under the weight of its galactic cash burn

It’s a lotto ticket
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