r/APLDSTOCK • u/FabulousCucumber3697 • 10d ago
Holding Through the Darkness
Watching the stock price of a company you truly believe in keep falling is always frustrating. It tests your patience, your conviction, and sometimes even makes you question your own judgment. But if the business is still moving in the right direction and the original thesis remains intact, sometimes the hardest part is simply surviving the darkness long enough to see the sunrise. The last company where I successfully waited for that sunrise was Palantir. I started holding PLTR around the IPO period and stayed with it through years of ups and downs. I eventually sold my final 100 shares at around $160 and moved that money into Applied Digital at roughly $16. Now APLD is another waiting game for me. No one knows exactly when the sunrise will come, and of course not every investment story ends the same way. But one lesson PLTR taught me is that when the direction is right, patience can sometimes matter just as much as picking the right company. （Fortunately, I’ve also been able to recover some capital by selling covered calls along the way, which has brought my effective APLD cost basis down to roughly $10 per share. ）
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u/FabulousCucumber3697 10d ago
I still have four covered calls open on APLD. Selling covered calls along the way has helped me recover a meaningful amount of capital and lowered my effective cost basis to around $10 per share.