What to do with this stock RXRX

Discussion in 'Trading' started by mcavoy33, Feb 4, 2025.

What percent to sell

  1. 100%

    3 vote(s)
    100.0%
  2. 75%

    0 vote(s)
    0.0%
  3. 50%

    0 vote(s)
    0.0%
  4. 25%

    0 vote(s)
    0.0%
  1. mcavoy33

    mcavoy33

    So 80% of my money is invested with a money manager. I have another 10% in some long term self directed trades and the final 10% in a mix of 50-60 individual stocks / EFT's and a few thousand scattered in crypto.

    So I'm doing a review of my holdings today and I come across this stock RXRX. I bought 778 shares @ $6.56 = $5103.68.

    It has gone up to $7.42 or 13%. I don't see it going up significantly more in the next 6 months. If I sell all, I make $670 profit. But it has the potential to skyrocket if it discovers a drug. They use AI & ML to research their new drugs.

    How much should I sell and how much should I keep to cash in on a potential discovery down the road?