#Investing #Novavax #StockMarket #FinancialAdvice
Hey fellow investors! 👋 Have you ever experienced a situation where the value of your shares significantly dropped? 📉
I recently invested in Novavax amid the pandemic, hoping for a good return. However, the value has plummeted by 95% and has stayed that way for years now. 😞
Now, I’m at a crossroads and need some advice. What should I do with these shares? 🤔 Here are a few options I’m considering:
– Hold onto them and wait for a potential turnaround in the future.
– Sell the shares to cut my losses and reinvest in other opportunities.
What would you do in my situation? Any tips or insights on how to navigate this challenging investment dilemma? Let’s discuss! 💬
As for my own take, I think it’s essential to assess the current state of Novavax, their prospects for growth, and any upcoming developments in the biotech industry. Consider consultating with a financial advisor for personalized guidance. Ultimately, make an informed decision based on your financial goals and risk tolerance. Good luck! 🌟
What % of the portfolio?
You’re straight up squandering an opportunity to reinvest that capital elsewhere by holding onto a loser.
IMO, take it on the chin, sell and move on. You’ll need a 20x move to get back to your starting point.
I did something similar at the beginning of the pandemic and learnt my lesson about buying individual stocks when in reality I knew f all. Since then index funds have done me well. Sell, reinvest in an index, and enjoy not having to think too deeply about investing ever again
Rather inexpensive leason you got. Some people I know lost a lot more investing in individual stocks
would you buy them today? if the answer is no, then you sell them
Wow just had a look at the financials – This company hasn’t been profitable in the last 5 years (so even during Covid) and only generating cash from operations in FY21. Its also been funding itself by issuing shares every year.
Tldr: Unless there another pandemic coming sell.
These things happen.
Learn and move on
I see an opportunity. Invest in labs in Wuhan.
Share traders invest in individual stocks but they are fulltime studying the employees, company and business sector up the wazoo.
Take the L
yes past is past but at least look at the graph. You bought near third top which was very strong resistance! no need to sell. Forget it and wait
HOLD…..out for the bird flu. 🙂
I’d look at it fresh, would you invest today at today’s price? Doesn’t look like a buy to me.
Maybe go in to some forests in SE Asia and procure some bats, see what you can dig up
We all get our lumps and bumps when we start off. I was no exception. You’ve earned your stripes now. Sell and start over. We pay for our lessons here.
So you get back fifty bucks less fees for every grand you put in.
Do you need that 50.
Just sit and wait until the end.