2Mon·

Consolidation in July

In July, many growth stocks suffered from profit-taking and corrections; my portfolio was dragged down mainly by Rocket Lab’s 30% drop $RKLB (-4.26%) , though SoftBank $9984 (-6.02%) and SEALSQ $LAES (-4.09%) also posted double-digit losses. Otherwise, everything has remained fairly stable. I could imagine that we’ll see another upswing in the fall. If the companies’ business models continue to develop in the right direction, stock prices will inevitably adjust at some point. Sometimes you just need a little patience :)

14 Comments

Brian@Aktienhauptmeister

2Mon

Are you actually planning to make another purchase from Rocket Lab?

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TradingHase@TradingHase

2Mon

@Aktienhauptmeister Unfortunately, I don't have the money to lower my entry price 😔

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Brian@Aktienhauptmeister

2Mon

@TradingHase I had planned to make my first purchase, but it's already on sale again 😅

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TradingHase@TradingHase

2Mon

@Aktienhauptmeister Planned way too long 😂

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Brian@Aktienhauptmeister

2Mon

@TradingHase As always 😂😂😂😂 I thought I'd see that ~$58 again

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PikaPika0105@PikaPika0105

2Mon

@Aktienhauptmeister I won't be making any more additional purchases. My average purchase price is €5, and I’m actually leaning toward reducing my position. However, if you haven’t invested yet, it might be an attractive opportunity right now. As for me, I’m staying invested and see another 1,000–2,000% upside potential over the next 10 years. But I don’t want to have such a large chunk of my portfolio tied up in this one stock, which is why I’m now looking elsewhere for the next 1,000%. I’ve opened many new positions in recent months that are currently languishing, but I see the potential in all of them. My portfolio has tripled over the past two years (and even quadrupled by the end of May), and I plan to at least increase it tenfold by 2035. The foundation for this is currently being laid—or rather, has already been laid.

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Brian@Aktienhauptmeister

2Mon

@PikaPika0105 That's awesome! I hope I see it hit €50 again—then I'll definitely open a position. 👀 I also saw that you've invested in Astroscale. I'm still looking into that more closely myself.

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PikaPika0105@PikaPika0105

2Mon

@Aktienhauptmeister Astroscale and SEALSQ are currently my most speculative positions. Things are looking pretty good for both of them right now (technologically, politically, financially…), and there’s an incredible amount of upside potential
(20x+)—but at the same time, the future is uncertain. There are still many unknown variables (regulation, competition, pressure…). At the same time, however, I believe there are also “no-brainers” like Medley $4480 or Envipco $ENVI.

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Johannes@Johannes12345

2Mon

@PikaPika0105 What exactly makes you so positive about $4480 and $ENVI? I'm currently still looking for 1-2 more candidates.

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PikaPika0105@PikaPika0105

2Mon

@Johannes12345 Growth market, politically driven, one of very few (2–3) players, high switching costs after adaptation (+ network effects), very low valuation in the short- to medium-term, very low baseline enabling high long-term growth potential, some likely currency effects, low risk….

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Johannes@Johannes12345

2Mon

@PikaPika0105 I'll take a closer look at that. Thanks a lot, and things will definitely go better next month. I was down almost 15% too 😅

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Simone B.@TheRealSimone

2Mon

I think your portfolio is pretty concentrated looking at the performance.... I'd recommend to you to lower the concentration... Maybe less potential gain but also less drawdown

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PikaPika0105@PikaPika0105

2Mon

@TheRealSimone I‘m steadily decreasing my RKLB position and building new ones. I don’t have a problem with frequent drawdowns if the overall performance is good.

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