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$Context Therapeutics (CNTX.US)$ I’m very curious. how much of your portfolio is invested into CNTX? Just want to have a rough estimate of what kind of risk tolerance you guys have when investing in stocks like this.
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W Chiang : 15k USD
风光3265 W Chiang : Do you think cntx can keep going?
W Chiang : 2.75 cost
pennypincher : 30% as of now and that is 10% higher then I would like to be. had to average down this last week to stay close to going price.
W Chiang 风光3265 : It's easy for me to get by, but it's not so hard.
the road is long : Rule of thumb - max 20% on any counter in a portfolio (rebalance every quarter)
JunkIsKing OP W Chiang : Hope that is not 100% of your portfolio!
THEWIZARD : ZERO% - Waiting for it to bottom out first. Then maybe will consider if it's a value buy for a loss making company that PERHAPS has some potential.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
As of right now, it's got nothing special other than blah, blah, blah and speculative rumors!
Need more concrete information before I'll park my money here.
Good cash money always has somewhere to park.
W Chiang JunkIsKing OP : Nope not possible. still holding xom cvx ibm wfc and ptpi
JunkIsKing OP pennypincher : I put in 10% but was planning to increase and average down. Anyways my other long term stocks is not doing that well either. 30% really seems quite high.
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