re: OUST - LiDAR for Physical AI and Smart Infrastructure

How far we thinking this rocket ship going to go

My feeling is to sell whenever it starts falling.

However, I've missed big gains by doing that as the stock continues to rise!!

quote:

---

This market is nuts!! I don’t know when to try and take profits or just let them eat!!

---

This is just my opinion, but I think that if you really trust a stock and believe it is going to multiply in the long term, then buy shares and hold onto them. Use options for short term plays, but hang onto those stocks that you want to make the cornerstone of your portfolio. Don't try to buy and sell at every peak and valley in the price. You will make some money doing this, but you will also find yourself selling low and buying high as often as the other way around.

Today is a perfect example. A lot of people are kicking themselves for trying to outsmart the market by selling off at the end of yesterday. These same people are jumping back in, today, and then and only then, it will dip...

I have a significant number of shares and I sold my 1/27 $1c options yesterday. No biggie, because I can buy back in later at a different price/date. But I hang on to the stocks I like long term.

quote:

---

I learned that lesson the hard way….

---

Same, here. I was buying and selling the dips and finally figured out that I was essentially breaking even. I made a little money here and there, but the ones I missed were usually the big ones where the stock really took off.

quote:

---

Don't try to buy and sell at every peak and valley in the price.

---

Trying this is the reason I only have 60 shares of NBIS rather than 100. Selling is easy but knowing when to jump back in is hard.

I sold half and converted to options to get more leverage at its pre Oct peak. Almost called the top perfectly…which was brilliant on the sell but not the best time to double down on calls.

Yeah…I’m a dumbass.

quote:

---

Should I be adding here at these levels?

---

im going to wait on a pull back. If not there I am ok missing out. FOMO has cost me about 90% of the time so I had to exercise some type of discipline.

I sold two contacts which tripled my money and just kept the other two contracts. My covered call is in danger of being called away but I got several months unless I close it out.