When ADPT was dropping, we had a poll on where the bottom would be. Now that things are looking up, hopefully permanently, maybe it's time for a poll on where SI holders would sell out portions, or all, of their holdings. Will they cash out at 20? at 25? Keep holding into the 30s (assuming we get there), or wait for even higher prices? What are the projections for the stock price as of Dec 31, 1998?
Only fair I start. At this point, I'm holding most of my position for the long term, but if we hit 25 I will probably start liquidating. Basically, I don't want Adpt to become too big a portion of my portfolio. I suspect I'll set a dollar limit on how much Adpt I want to hold, and start liquidating if it goes above that amount to keep my exposure limited and give myself more room for diversification.
Since I hold about 40K shares, a $25 stock price would put my exposure at $1 mil, which is all I'm willing to risk on this stock no matter how high it goes.
Others' thoughts? |