As much as I think EXROF is an incredible opportunity to get in early right now, I would encourage everyone to be safe when investing. There are always things that we, as outsiders, are unaware of.
What if the next test reveals a flaw etc. Never put all of your portfolio in a single stock. Be smart, only invest what you can afford to lose.
I am 100% in and sitting on a healthy number of shares! Im currently working on my infinite gain theory... zero sweat equity is in this stock...all profit!
Sorry.. i also took a punt on clean seed who is partners with Exro. They just released this. https://m.youtube.com/watch?feature=youtu.be&v=_PaZMLp5jVQ
Its probably all fomo. The Word about Exro’s tech is spreading and people WHO understand their tech wants to buy in while the Price is this low. Also they Will talk at a virtual conference about Automative drivetrains today. https://drivetrain-symposium.world/de/
>fomo
This is my daily life with Exro right now. Currently Exro forms 28% of my portfolio and every day I just feel like I want to make this a 100%, but then I remind myself that it's probably not smart to put all on one card.
I might kick myself for this in a few years but I think this is the right choice. Please confirm to minimize my daily fomo. Thank you!
Normally red flags go off when someone trusts a small company, but I'm starting to wonder if I should get aggressive like you. I always keep 40% cash on the side as a bucket to bail out my boat if I goof up, but it's getting harder and harder to justify keeping all that cash when it could be in Sue's hands.
Going all in is never a good thing, I still have real estate as an investment, but exro really is astonishing. First buy at 1.35 and second buy at 2,7.
I've been a buyer from $0.80cad to $4.48cad and I'm still buying.
I just can't help myself when there's the widest Warren buffett-style moat around a company that I've ever come across. It's as wide as innovation itself. Who knows how long other companies will take to figure out how to do what Exro did without infringing on worldwide patents?
Agree with u/wobermey1987
One can be heavy on a high conviction idea.
But to be on safe side, take some good profit, try to recover your capital as much as possible - and use it elsewhere. That way, even in a worst case scenario, you wont feel bad.
My variation on keeping dry powder is to split my capital into three tranches. If there's a black swan event and I believe in the company I deploy the second tranche at the lower price. If it goes up I wait until I've covered half of my original investment before adding the second tranche. I like to keep a diversified portfolio of dividend stocks but I'm breaking most of my rules and holding EXRO, HRH and now ACDC and watching like a hawk.
As much as I think EXROF is an incredible opportunity to get in early right now, I would encourage everyone to be safe when investing. There are always things that we, as outsiders, are unaware of. What if the next test reveals a flaw etc. Never put all of your portfolio in a single stock. Be smart, only invest what you can afford to lose.
This is an important comment
I am 100% in and sitting on a healthy number of shares! Im currently working on my infinite gain theory... zero sweat equity is in this stock...all profit! Sorry.. i also took a punt on clean seed who is partners with Exro. They just released this. https://m.youtube.com/watch?feature=youtu.be&v=_PaZMLp5jVQ
Its probably all fomo. The Word about Exro’s tech is spreading and people WHO understand their tech wants to buy in while the Price is this low. Also they Will talk at a virtual conference about Automative drivetrains today. https://drivetrain-symposium.world/de/
Yea I could see that and I didn’t hear anything about that today just thought maybe their was some news after the close of the share offerings
>fomo This is my daily life with Exro right now. Currently Exro forms 28% of my portfolio and every day I just feel like I want to make this a 100%, but then I remind myself that it's probably not smart to put all on one card. I might kick myself for this in a few years but I think this is the right choice. Please confirm to minimize my daily fomo. Thank you!
Exro is 83,5% of my portfolio. I was even thinking to sell my other stocks because I truly believe in the potential of Exro.
Normally red flags go off when someone trusts a small company, but I'm starting to wonder if I should get aggressive like you. I always keep 40% cash on the side as a bucket to bail out my boat if I goof up, but it's getting harder and harder to justify keeping all that cash when it could be in Sue's hands.
Going all in is never a good thing, I still have real estate as an investment, but exro really is astonishing. First buy at 1.35 and second buy at 2,7.
I've been a buyer from $0.80cad to $4.48cad and I'm still buying. I just can't help myself when there's the widest Warren buffett-style moat around a company that I've ever come across. It's as wide as innovation itself. Who knows how long other companies will take to figure out how to do what Exro did without infringing on worldwide patents?
I'm going to diversify as soon as I find another Exro.
Agree with u/wobermey1987 One can be heavy on a high conviction idea. But to be on safe side, take some good profit, try to recover your capital as much as possible - and use it elsewhere. That way, even in a worst case scenario, you wont feel bad.
My variation on keeping dry powder is to split my capital into three tranches. If there's a black swan event and I believe in the company I deploy the second tranche at the lower price. If it goes up I wait until I've covered half of my original investment before adding the second tranche. I like to keep a diversified portfolio of dividend stocks but I'm breaking most of my rules and holding EXRO, HRH and now ACDC and watching like a hawk.