u/Agreeable-Purpose-56

Long term holder here. Why the recent surge??

Holding decent amount of stocks but clueless about its position and direction in the whole scheme of things. Any pros and cons ?

For those leaning into high growth like I am, it is imperative to have some stocks that can counterbalance the high flyers.

Most are red but my green ones are BIP, COST, UNH.

Reading the postings on Reddit I find certain longs and certain shorts amusing. I have a small position going long but I’m fully aware of its precarious position. It won’t go up like crazy overnight. Please don’t go all in or back up your truck. But I think shorting at this level is pushing to the extreme. To each his own. Time will tell. I’m betting on a turn around story playing out in time.

Have done very well, essentially a 10 bagger since Covid days. But any time over 500 gets me concerned on valuation. Any insights on staying still and let it play out?

Sure it’s a tug of war between longs and shorts. I’m not going to convince either side my position. I think my 50k shares is a reasonable, comfortable bet for me. I have time and I don’t need a quick exit. The entertainment of waiting to see things develop is worth it.