4Wk·

Head vs. Gut Challenge! Quick Update!

The Multibagger got back in yesterday $LPK (+0.33%) and is now 100% invested in his portfolio. Last time, buying in at just under €18 worked out well and yielded a hefty profit. This time, it was even cheaper. After the next earnings report at the latest, we’ll make another run toward €30. On the downside, I see the downside potential—after a 40% drop in just under two weeks—as limited to €15.

08.07

LPKF

Bought x25 at €16.63

€415.63

10 Comments

Jim@wealth_navigator_64

4Wk

Wait a minute—is that really 100% of your brokerage account balance?

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Wealth-Accelerator@Wealth-Accelerator

4Wk

@wealth_navigator_64 That would be soooo funny 😅😂

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Epi@Epi

4Wk

@wealth_navigator_64 100% of a stock's portfolio share isn't 100% of the broker's assets, is it?

Percentage calculations are a pain...

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Chris@Multibagger

4Wk

@wealth_navigator_64 I have now invested 100% of my Challenge funds in four different stocks based on the two wikis at @Epi and @Krush82. I started with €1,000. It’s a bit more now, since I’m also reinvesting the profits.
In addition to $LPK, I currently also hold shares in $6752, $ASX, and $992 in this sub-portfolio.

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Sebbster@Sebbster

2Wk

@Multibagger And what's your takeaway after seeing the numbers? Should you buy more, or get rid of it?

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Chris@Multibagger

2Wk

I had already exited the position before the earnings report. I was stopped out at €15 with a small loss. After seeing the numbers, I foresee major difficulties. They really need to start turning their order books and letters of intent into actual euros. I can definitely see them falling back into the single-digit range.

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