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TopicStock Topic 8
red sox 777
07/14/20 12:46:52 PM
#112:


StartTheMachine posted...
I'm so fucked. I thought I left enough available margin that this wouldn't happen, but I'm in another margin call now. It's because AVCT keeps bleeding out, which I fully expected to happen until the next ER in August with the Computex numbers. I knew better than this, was just hoping I could make money off LCA and GAN before that happened. I have no one to blame but myself.

You're overinvested in AVCT. You shouldn't be putting most of your portfolio in one stock unless it's something extremely stable like Berkshire Hathaway or Apple or something. Like you don't need a lot of diversification but having like 3-5 stocks is a world of difference from 1.

And I say 1 even though you have more than that because your exposure in AVCT is around 100% of your portfolio equity. That's effectively the same thing as putting all your money in it.

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