I bought 1,000 shares of SNDK when the stock price was $356, and I’ve watched it rise ever since. I’ve thought about selling countless times during this period, so as the price went up, I kept selling in increments: I sold 250 shares when the price reached $850, and another 250 shares when it hit $1,080. I currently still hold 500 shares. How much higher do you think it will go? Or should I take my profits and switch to optical communications?

    Will you continue to hold SNDK?
    byu/One_Rub7972 ininvesting



    Posted by One_Rub7972

    4 Comments

    1. Salty-Animator4662 on

      I think at this stage there’s more downside than upside. You could sell 100 shares each week and reinvest the proceeds into other stock.

    2. Sell cover calls at a price that you would comfortably let them go. Meanwhile use that premiums for something else.

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