Today I decided to sell half of my Kraken Robotics of my Kraken Robotics shares at 6.90 CAD - after an entry at 3.36 CAD. $PNG (-6,14%)
This allowed me to realize over +100 % profit and at the same time get my invested capital back completely - even with some surplus ;).
I continue to hold the other half as a long-term position, as I believe in the potential of the company in the underwater underwater technology & defense sector defense sector.
I continue to benefit from the potential growth, but am positioned risk-freeas my investment is already secured.
💡 For me, this was a rational move:
Profits should be realized before the market takes them again.
I plan to reallocate and reinvest the stake soon.
What are your plans with $PNG (-6,14%) ? :)
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