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Originally Posted by Table 5
Anyone else in BNGO or FRSX by any chance?
They were both small speculative plays for me, but they've ballooned up 7x/5x and now have not insignificant profits. I'm trying to figure out if there's any runway left or time to get out (I've already taken out my initial investment). There seems to be quite a lot of hype around both.
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When do you normally try to recoup your initial investment? I have a position in XBC.TO and it's up 150% since I got in and is now 10% of my TFSA. I have been keeping my individual positions around 5% so am feeling like I should cash in half, let the rest buck and look for something new.
Is that a decent strategy?