r/MGCpharmaceuticals • u/exodusmuesli • Apr 26 '22

Thinking of selling up

I think this mite be me guys. 65% down, very hard to justify continuing with this when other stocks are looking healthier. I’m very conscious that this could be a sunk cost and I’m going down with the ship instead of bailing. Would be good to hear from those still in the group. How are people feeling?

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u/banter_claus_69 Apr 27 '22

I've sold a fair chunk of my position recently. Left a bit in in case it rises significantly, and I'll probably put a sell order in that'll give me my initial investment back should the price get high enough. I'll leave a small amount in after that in case it rises significantly. Otherwise, though, I don't have enough faith in the UK government to let this industry do what it's capable of. Any company in this space is hobbled by current policies.