Wolf speed stock

[heel79]

Went in heavy (for me) last week at 40 cents. Gone up 450 percent since and I am tempted to sell. I never do that but this is tempting. Seems like some on here had good knowledge of it. I don't need money and typically I buy and just sit. Any thoughts on its future?

 

[superrific]

If you can get that kind of gain with a penny stock, sell. Someone might be running a pump and dump and you got in during the pump. Don't get taken to the dump.

 

[gtyellowjacket]

Would sell but would never have bought the stock in the first place and missed out on the crazy gain so probably should do the opposite of my suggestion.

 

[nrsair]

Good enough to make a post about, good enough to sell. You could always sell enough to make back your initial investment (or more) and let some ride.

 

[dcf2]

I'm likely more conservative than you but... sell 33% to take some gain off the table park that in a 6 month T-Bill to see where we are at the end of the CY and let the rest ride... YOLO

ROM how much are you talking about?

 

[heel79]

I'm likely more conservative than you but... sell 33% to take some gain off the table park that in a 6 month T-Bill to see where we are at the end of the CY and let the rest ride... YOLO

ROM how much are you talking about?

10000 shares. There are other factors, including tax exposure.

 

[JosephFreeman]

Wolfspeed is now sitting wolf.

 

[heel79]

Up 1.04 pre market