The $50k Challenge – Update 15

The $50k Challenge Update 15 – 23/11/2020

Stock Code: MSE

Shares Sold: 834,000

Share Price: 0.048

Total Profit: 700% / $35,000

Shares Remaining: 832,000

Reason for selling:

This will be the shortest “reason for selling” to date. The only reason I sold MSE was because it ran so hard that it occupied nearly half of my total portfolio. My Strategy demands that from a risk perspective, I have to trim any stock that occupies more than 40% of my portfolio. I personally believe that MSE has lots more in it, hence why I only sold half of my holding.

To find out more about how I analyse stocks that fit the criteria of the $50k Challenge  check out my Penny Stock Investing course.

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