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They way I think about these things is "have I made a good return on the money in the investment timeframe?"
The answer is clearly a yes. There is zero risk in taking the money now. If you take the cash then stop looking at the share price because you have a nice wad of cash in your pocket and the price now is irrelevant.
Could you have a better return? Maybe. Could double from here. Could drop to below your starting position. There is risk in leaving it though.
Personally I like the idea of taking out your initial investment (maybe a bit more if you could do with the cash), then you have zero risk in leaving the rest there to see what happens.
Arducius-
Personally I like the idea of taking out your initial investment (maybe a bit more if you could do with the cash), then you have zero risk in leaving the rest there to see what happens.
Personally I'd pretend to remove and then put back the initial investment because it won't make much difference having pulled it out BUT compounding effect leaving it in may make it worth so much more. Almost like putting it in the equivalent amount but at this point as a punt.
But this depends on your age, circumstances and risk profile.
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Thanks for the reply. I think I’m going to take out half which will give me a decent return on my initial investment. I’ll leave the rest in and see what happens.
ChainBreaker
Hobo
I invested in AMC during the first lockdown. Only small pocket change. I have 60 shares that I brought at $2.27. I assume this is a good thing as they now seem to be worth considerably more. I'm not really sure what's going on. Should I sell?