You are reading a single comment by @Hobo and its replies. Click here to read the full conversation.
  • 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?

  • 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.

About

Avatar for Hobo @Hobo started