Just to give a few more reasons why I sold out:
- yes prior to selling Nearmap, I was nursing losses for this year
- i am in the second lowest tax bracket from my income so not being taxed at 50% thankfully hahaha
- Figured making almost 100% extra on my original investment is pretty damn good
- When nearmap hit its previous highs it retraced. At that point people knew it was a winning share. Same story now I think. However it might not retrace down to $2.20 where I am hoping it will. I don't mind that I am watching from the sidelines at the moment
- the previous shares i lost on like NOR and CVT have been learning experiences, my current portfolio I think is more focused on trading growth stocks and not so much stories of hope haha
Great discussion guys I am enjoying it!