DMYI
dMY Technology Group, Inc. III
stock NYSE

This is just good advice in general, not just for penny stocks. I had long term money in a few of the quantum stocks (IONQ, RGTI, and QUBT). I bought about 1000 shares of each because I think quantum computers are interesting, but had IONQ from pre-spac DMYI. Last time it popped to the $30 range I held on because I “really liked the stock”. I could’ve sold and re-entered for a lower cost basis. This time I sold at $43. Was it the top? No. Did I still make a lot of money? Yup. Will I re enter with a position once quantum computing tickers are sane again? You betcha. Even if that doesn’t happen, I can still add money in later. I’m not sweating it.

This is just good advice in general, not just for penny stocks. I had long term money in a few of the quantum stocks (IONQ, RGTI, and QUBT). I bought about 1000 shares of each because I think quantum computers are interesting, but had IONQ from pre-spac DMYI. Last time it popped to the $30 range I held on because I “really liked the stock”. I could’ve sold and re-entered for a lower cost basis. This time I sold at $43. Was it the top? No. Did I still make a lot of money? Yup. Will I re enter with a position once quantum computing tickers are sane again? You betcha. Even if that doesn’t happen, I can still add money in later. I’m not sweating it.