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AdministratorJune 25, 2021 at 8:40 am
Agreed – and of course, as soon as I typed that two days ago, they shot up as high as $7/share the very next day!
Goes to show that even after a crowdfunded company has an IPO, there can be a lot of volatility. If you sold (in a panic) at the low of ~$3 vs. the high of $7 just yesterday, it obviously has a massive impact on your overall outcome and returns.
That’s why I prefer to be lazy and invest and forget it. You’ll never be able to time an exit perfectly, so it’s OK to take some off the table when you need to, but I prefer to let it ride for the long-term (like 10+ years).