*UPDATE: first of all, thank you everyone for your insights, I can’t go through the comments and thank all of you individually but it was a very big help in making my decision. I cashed out my original goal and I’m letting the rest run.*
I’m in my late-20s, and one of the stocks I own shot up 30% this week. I’m now up approximately 230% and could cash out the position for about $22,000.
My original goal was $15,000. I like the company but I feel like it’s going to be very volatile from this point forward (pending-FDA Approval) and I think it’s time to lock in my profit with big life events on the horizon (wedding and buying a house).
I’ve owned the stock for 2 years it was one of my first investments. **Keep in mind, I’m asking how you decide for yourself, not whether I should or shouldn’t. Thank you in advance.**